Allocative efficiency is__________________?

Related Mcqs:

“Economics is the study of causes of material welfare” was defined by___________________?

A. Adam Smith B. Marshall C. Robins D. Marks...

An organization which employs resources to produce a good or service for profit and own and operates one or more plants is called_______________?

A. Company B. Factory C. Firm D. None...

A good used together with another good is___________________?

A. Superior good B. Normal good C. Complementary good D. None...

A section in a nation’s international balance of payments which records its export and import of goods and services, its net investment income, and its net transfers ?

A. Current account B. Fixed account C. Saving account D. Capital account...

The attainment of literacy, arithmetic competence and elementary vocational skills ?

A. Basic qualifications B. Basic education C. Primary education D. All...