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March 29, 2024, 03:36:48 pm

Author Topic: Need help for the following questions  (Read 592 times)  Share 

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Elayg6

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Need help for the following questions
« on: February 10, 2017, 06:03:42 pm »
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Explain how an improvement in technical efficiency might not be accompanied by an increase in allocative efficiency.

Explain what is meant by the most efficient allocation of resources.

Discuss why a nation's values determine what it considers to be the most efficient allocation of its resources.

Thanks!!