Use the Following Information for Following Questions

question 17

Essay

Use the following information for following questions:. Which treatment is most effective at
treating bathroom mildew: water mixed with vinegar, ammonia, or soap? In a study, researchers randomly
assigned 55 similar tile samples with similar amounts of mildew to one of three groups. Depending on
which group they were assigned to, each tile sample received a home remedy of water mixed with
vinegar, ammonia, or soap. Afterwards, each tile sample was examined and any remaining mildew was
measured. Researchers found that a soap and water mixture produced better results than both vinegar and
ammonia.
-Write a statement that restates the conclusion of the study in terms of a cause-and-effect conclusion.

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Definitions:

Pareto Optimum

An economic state where resources are allocated in a manner that precludes the possibility of bettering one's situation without causing harm to another.

Desert Island

An uninhabited or deserted island, often depicted in literature and movies as a remote, isolated place.

Competitive Equilibrium

A market state where supply equals demand, and no economic agents have the incentive to change their behavior.

Utility Function

A mathematical representation of how a consumer ranks different bundles of goods according to the level of satisfaction or happiness they provide.