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(Figure: Cereal and Pancakes II) Suppose That Elaina Has 6

Question 7

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(Figure: Cereal and Pancakes II) Suppose that Elaina has 6 pancakes and 5 bowls of cereal and Jose has 2 pancakes and 5 bowls of cereal. Which of the following allocations would be a Pareto improvement? Elaina has _____ pancakes and _____ bowls of cereal, and Jose has _____ pancakes and _____ bowls of cereal. (Figure: Cereal and Pancakes II)  Suppose that Elaina has 6 pancakes and 5 bowls of cereal and Jose has 2 pancakes and 5 bowls of cereal. Which of the following allocations would be a Pareto improvement? Elaina has _____ pancakes and _____ bowls of cereal, and Jose has _____ pancakes and _____ bowls of cereal.   A)  5; 6; 3; 4 B)  5; 5; 3; 5 C)  6; 6; 2; 4 D)  7; 5; 1; 5


A) 5; 6; 3; 4
B) 5; 5; 3; 5
C) 6; 6; 2; 4
D) 7; 5; 1; 5

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