biddy2056 biddy2056
  • 27-10-2017
  • Business
contestada

True or false: allocative efficiency is achieved by equalizing consumer surplus and producer surplus

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W0lf93
W0lf93 W0lf93
  • 09-11-2017
THE EFFICIENT ALLOCATION OF LIMITED RESOURCES MOSTLY BEING FACTORS OF PRODUCTION TO COMPLETE A TASK. SO ALLOCATION EFFICIENCY PLAYS A VITAL ROLE TO ACHIEVE AND BY EQUALIZING CONSUMER SURPLUS AND PRODUCER SURPLUS . IT IS TRUE THAT ALLOCATION EFFICIENCY IS ACHIEVED BY EQUALIZING CONSUMER SURPLUS AND PRODUCER SURPLUS.
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