When Comparing Public and Private Schools,the Voluntary Choice of Going

question 9

Multiple Choice

When comparing public and private schools,the voluntary choice of going to a private school _____.

• A)is a Pareto optimal move
• B)is a Pareto superior move
• C)is neither Pareto optimal nor Pareto superior
• D)cannot be evaluated according to the Pareto criteria

---

Definitions:

Purchased

The act of acquiring ownership of an asset in exchange for payment.

Digital Option

A type of option that pays either a fixed amount of cash or nothing at all, depending on whether a certain condition is met at expiration.

Jobless Claims

The number of unemployed individuals who are actively seeking employment and have filed for unemployment benefits.

Strike Price

The predetermined price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.