Answer the following question based on the information given below.
Factory Sector by Type of Ownership.
All figures in the table are in percent of the total for the corresponding column.
|
Sector
|
Factories
|
Employment
|
Fixed Capital
|
Gross Output
|
Value Added
|
|
Public
|
7
|
27.7
|
43.2
|
25.8
|
30.8
|
|
Central Govt.
|
1
|
10.5
|
17.5
|
12.7
|
14.1
|
|
State/local Govt.
|
5.2
|
16.2
|
24.3
|
11.6
|
14.9
|
|
Central & State/local Govt.
|
0.8
|
1
|
1.4
|
1.5
|
1.8
|
|
Joint
|
1.8
|
5.1
|
6.8
|
8.4
|
8.1
|
|
Wholly private
|
90.3
|
64.6
|
46.8
|
63.8
|
58.7
|
|
Others
|
0.9
|
2.6
|
3.2
|
2
|
2.4
|
|
Total
|
100
|
100
|
100
|
100
|
100
|
A sector is considered “pareto efficient” if its value added per employee and its value added per rupee of fixed capital is higher than those of all other sectors. Based on the table data, the pareto efficient sector is
- Wholly private
- Joint
- Central and state/local
- Others