Use the figure for the questions below Military goods G Civi

Use the figure for the questions) below. Military goods G Civilian goods Which of the following points is an inefficient resource allocation for the economy in the figure above?

Solution

A

Combination which lies below PPC represents Inefficient resource allocation because resources are not fully utilised to produce maximum output.

 Use the figure for the questions) below. Military goods G Civilian goods Which of the following points is an inefficient resource allocation for the economy in

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