Question

Objective use to
achieve money
allocation to achieve
la desired outcome

Answer 1

In business, the objective is to achieve allocative efficiency, which means producing goods that represent the mix that society desires.

Step-by-step explanation:

In business, the objective is to achieve allocative efficiency, which means producing goods that represent the mix that society desires. To achieve this objective, businesses use a budget constraint to allocate their money. The budget constraint refers to all the possible consumption combinations of goods that can be afforded given the prices of goods and when all income is spent. By using the budget constraint, businesses can ensure that their money allocation aligns with the desired outcome.

Answer 2

The objective used to achieve money is to save money.

The allocation to achieve the desired outcome can be from investing and working.

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