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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: Allocative efficiency occurs (Multiple Choice Question)
Post by: Loraine on Jun 20, 2015
Allocative efficiency occurs
A) anywhere inside or on the production possibilities frontier.
B) when the total cost of production is minimized.
C) at all points on the production possibilities frontier.
D) at only one point on the production possibilities frontier.
E) at the points where the production possibilities frontier crosses the horizontal or vertical axis.


Title: Re: Allocative efficiency occurs (Multiple Choice Question)
Post by: Smoooth on Aug 10, 2015
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Title: Re: Allocative efficiency occurs (Multiple Choice Question)
Post by: Smoooth on Aug 31, 2015
My pleasure :-]