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book Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn cover

Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn

Edition 18ISBN: 9780073365954
book Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn cover

Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn

Edition 18ISBN: 9780073365954
Exercise 16
The key to efficient resource allocation is shifting resources from low productivity to high productivity uses. In view of the high and expanding physical productivity of agricultural resources, explain why many economists want to divert additional resources from farming to achieve allocative efficiency.
Explanation
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Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn
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