In a photocopy of Figure 4.1, find and label the following points: a. a point (D) such
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In a photocopy of Figure 4.1, find and label the following points:
a. a point \(D\) such that \(Z\) and \(Y\) are Pareto preferred to \(D\) but \(S\) is not.
b. a point \(E\) such that the arc \(B Z\) is the portion of the Pareto frontier, which are Pareto improvements on \(E\).
Figure 4.1
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