More output could be produced with available resources if-09069
More output could be produced with available resources if:
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Mid Term - Quiz No.12.
More output could be produced with available resources if:
Resources are allocated efficiently.
Resources are imperfectly shiftable among alternative uses.
Prices are reduced.
The economy is operating at a point inside the production possibilities curve.