Solved

An Efficient Allocation of Resources Occurs When We

Question 249

Multiple Choice

An efficient allocation of resources occurs when we


A) produce the goods and services that people need.
B) cannot produce more of a good or service without giving up some other good or service that we value more highly.
C) produce the goods and services that people want.
D) cannot produce more of a good or service without giving up some other good or service that we need.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions