menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
When is allocative efficiency of a product achieved?
asked
May 3, 2022
37.0k
views
0
votes
When is allocative efficiency of a product achieved?
Business
high-school
Corey Burnett
asked
by
Corey Burnett
8.9k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
7
votes
Allocative efficiency of a product is achieved when parties are able to use the accurate and readily available data reflected in the market to make decisions about how to utilize their resources
Lance McCarthy
answered
May 9, 2022
by
Lance McCarthy
7.8k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Apr 15, 2024
146k
views
Explain how the profit-maximizing rule of setting P = MC leads a perfectly competitive market to be allocatively efficient. a. Allocative efficiency is not achieved in perfectly competitive markets b.
Svenstaro
asked
Apr 15, 2024
by
Svenstaro
8.6k
points
Business
high-school
1
answer
1
vote
146k
views
asked
Mar 17, 2024
16.5k
views
Productive efficiency and allocative efficiency are two concepts achieved in the long run in a perfectly competitive market. These are the two reasons why we call them "perfect." How would you use these
Hemmelig
asked
Mar 17, 2024
by
Hemmelig
8.0k
points
Business
high-school
1
answer
2
votes
16.5k
views
asked
Sep 18, 2024
185k
views
If for a business P=minimum(ATC)=MC, this means that: Group of answer choices: A. both allocative efficiency and productive efficiency are being attained B. allocative efficiency is being achieved, but
OrdinaryOrange
asked
Sep 18, 2024
by
OrdinaryOrange
8.7k
points
Business
high-school
1
answer
3
votes
185k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.5m
questions
12.2m
answers
Other Questions
Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org