When we cannot produce more of any good without giving up some other good that we value more highly, we have achieved

When we cannot produce more of any good without giving up some other good that we value more highly, we have achieved

Naim 00:03

When we cannot produce more of any good without giving up some other good that we value more highly, we have achieved



A) economic growth.
B) allocative efficiency.
C) equity.
D) production.


Answer: B


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