4annglass 4annglass
  • 20-09-2020
  • Social Studies
contestada

What is accomplished by efficient allocations of the factors of production?

Respuesta :

VadymBabych
VadymBabych VadymBabych
  • 20-09-2020

Answer:

An efficient allocation of resources is: That combination of inputs, outputs and distribution of inputs, outputs such that any change in the economy can make someone better off (as measured by indifference curve map) only by making someone worse off (pareto efficiency).

Answer Link

Otras preguntas

Why is it important to ensure that your own personal attitudes or beliefs do not influence or obstruct the quality of care you offer? Help please.
3 and 4 pls help me with these math problems......
in which quadrant does the given point lies??? (3,-2)
Write the expression -3x 2 + 2y 2 + 5xy - 2y + 5x 2 - 3y 2 in simplest form. Then, answer the following questions using complete sentences. How many terms are i
Southern States legally got around some of the ideas of total reform from reconstruction by a. using the Ku Klux Klan to terrorize people b. reviving the Black
(cosx/secx-1)-(cosx/tan^2x)=cot^2x
The Gonzales family drove 300 miles on the first day of their vacation and 250 on each day after that. If d represents the number of days they drove after the
Which houses genetic information in a cell?
Why did The French and Indian War lead to conflict between the colonies and Great Britain?
Write an equation that describes the pattern