How do the sizes of two magnets determine how much paper can be held between them? — D
While the full answer to this question is complicated, the most important issues are the strengths and locations of the magnetic poles in each magnet. Since each magnet has north poles and south poles of equal strengths, there are always attractive and repulsive forces at work between a pair of magnets—their opposite poles always attract and their like poles always repel. You can make two magnets attract one another by turning them so that their opposite poles are closer together than their like poles (e.g. by turning a north pole toward a south pole).
To maximize the attraction between the magnets, opposite magnetic poles should be as near together as possible while like magnetic poles are as far apart as possible. With long bar magnets, you align the magnets head to toe so that you have the north pole of one magnet opposite the south pole of the other magnet and vice versa. But long magnets also tend to have weaker poles than short stubby magnets because it takes energy to separate a magnet’s north pole from its south pole. With short stubby magnets, the best you can do is to bring the north pole of one magnet close to the south pole of the other magnet while leaving their other poles pointing away from one another. Horseshoe magnets combine some of the best of both magnets—they can have the strong poles of short stubby magnets with more distance separating those poles.
Returning to the paper question, size is less important than pole strength and separation. The stronger the magnets and the farther apart their poles, the more paper you can hold between them.