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book Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue cover

Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue

Edition 20ISBN: 978-1308221281
book Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue cover

Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue

Edition 20ISBN: 978-1308221281
Exercise 4
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 away from farming in order to achieve allocative efficiency.
Explanation
Verified
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Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
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