Question: You are considering four new vehicles that differ from each other with respect to their price and fuel economy: Vehicle Price Fuel Economy (miles per

You are considering four new vehicles that differ from each other with respect to their price and fuel economy:

Vehicle Price Fuel Economy (miles per gallon)
V1 $ 22,000 24
V2 $ 27,000 26
V3 $ 29,000 30
V4 $ 24,000 27

Which of the following is a valid conclusion?

Multiple Choice

V2 is Pareto dominated by V4

V2 is Pareto dominated by V1

V3 is Pareto dominated by V1

V4 is Pareto dominated by V2

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