Given the current allocation of productive inputs, the marginal rate of transformation of food for clothing in a simple two$-$good economy is equal to $2.$ At the current allocation of consumption goods, each consumer$$s marginal rate of substitution between food and clothing is $1\mathrm{.}5.$ Is this economy efficient in terms of its product mix?

multiple choice $1$

Yes, the MRT $=$ MRS$.$

No$,$ the MRT $>$ MRS$.$

Yes, the MRT $>$ MRS$.$

No$,$ the MRT $<$ MRS$.$

$$

In terms of Pareto improvement,

$$

multiple choice $2$

no one can be made better off if we alter production.

everyone can be made better off if we produce less clothing and more food.

everyone can be made better off if we produce more clothing and less food.