Allocative efficiency is__________________?

A. None

B. Producing the specific output mix most desired by society

C. Producing all output combinations in least costly way

D. Producing the desired things

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.