microeconomics

what is ment by allocative and productive efficency

stuff

  1. 👍 0
  2. 👎 0
  3. 👁 121
asked by nadine

Respond to this Question

First Name

Your Response

Similar Questions

  1. MICROeconomics

    WHY in allocative efficency p=mc=mr

    asked by whhgn on October 26, 2006
  2. Econ

    "How does the price and output behavior of a price-searcher compare with that of a price-taker? Be sure to explain your answer fully and illustrate with the appropriate diagrams. What are the implications of this for both

    asked by Sara on April 29, 2010
  3. micro

    why in allocative efficiency.p=mc

    asked by whhgn on October 27, 2006
  4. Probability and Statistics

    An oil prospector will drill a succession of holes in a given area to find a productive well. The probability that he is successful on a given trial is 0.2. a) What's the probability that that the third hole drilled is the first

    asked by Katy on September 29, 2013
  5. Economics

    Please provide a definition of "Allocative Mechanism."

    asked by Chrstian on April 20, 2014
  6. geography

    3. the soil of much of the steppe region of northern eurasia is ... A. very fertile and productive B. lacking in minerals and unproductive C. too cold to produce much food. D. heavily fertiled with chemicals to make it marginally

    asked by Priya on July 28, 2010
  7. curriculum

    What are the differences between the responsive component and the productive component in the aesthetic domain? A. Appreciation of natural beauty, appreciation of the fine arts, and the ability to form judgments and preferences

    asked by Daniela on September 16, 2014
  8. The Curriculum

    What are the differences between the responsive component and the productive component in the aesthetic domain? A. Appreciation of natural beauty, appreciation of the fine arts, and the ability to form judgments and preferences

    asked by Daniela on August 23, 2014
  9. Econ

    Whenever an industry fails to achieve allocative efficiency by producing too little output, a shortage arises.

    asked by Anonymous on October 4, 2015
  10. Physics

    A 9 kg object is given a displacement ∆~s = (4 m) ý + (3 m)ˆ J + (−4 m) k along a straight line. During the displace- ment, a constant force of ~ F = (1 N) ý + (−5 N) J + (7 N) k acts on the object. Find the work done by

    asked by Jim Kirk on September 28, 2010

More Similar Questions