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Thread: Wikiw Pareto Frontier mistake ?

  1. #1
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    Wikiw Pareto Frontier mistake ?

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    Am I wrong is is wiki wrong here
    Wiki states that N is NOT one pareto frontier. but i dont see any other options obsoleting it from beeing on the pareto frontier. no other options is better in both 1 and 2.

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    Graph is correct, but misleading. Description is as follows:
    A production-possibility frontier is an example of a Pareto-efficient frontier, where the frontier and the area left and below it is a continuous room of choices. The red points are examples of Pareto-optimal choices of production. Points off the frontier, such as N and K, are not Pareto-efficient.
    The big points are just examples while there is an infinite amount of choices.

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    Quote Originally Posted by Piotr Tarsa View Post
    Graph is correct, but misleading. Description is as follows:

    The big points are just examples while there is an infinite amount of choices.

    Ah I see now. Make sense now. n is obsoleted by a not showing option.

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    Okey!Thank you for clarification!
    Look at this italian grand prix circuit here

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