Which of the Following Is Necessary for Allocative Efficiency to Be

Multiple Choice

Which of the following is necessary for allocative efficiency to be achieved?

A) The difference between marginal benefit and marginal cost must be maximised.
B) Production must be at a point inside the production possibilities frontier.
C) Marginal benefit must be maximised.
D) Marginal benefit must equal marginal cost.
E) Marginal cost must be minimised.