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Use the Following to Answer Questions 34-35

question 42

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Use the following to answer questions 34-35:
Figure 15.8 Use the following to answer questions 34-35: Figure 15.8   -(Figure 15.8) . Suppose the food industry is using 4 capital inputs and 4 labor inputs, while the clothing industry is using 1 capital input and 4 labor inputs. It would be a Pareto improvement if the _____ industry gave _____ capital input(s)  to the _____ industry in exchange for _____ labor input(s) . A)  food; 1; clothing; 1 B)  clothing; 1; food; 1 C)  food; 2; clothing; 2 D)  clothing; 1; food; 2
-(Figure 15.8) . Suppose the food industry is using 4 capital inputs and 4 labor inputs, while the clothing industry is using 1 capital input and 4 labor inputs. It would be a Pareto improvement if the _____ industry gave _____ capital input(s) to the _____ industry in exchange for _____ labor input(s) .


Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.

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