<< Chapter < Page | Chapter >> Page > |
Card 13 / 21:
Could a nation be producing in a way that is allocatively efficient, but productively inefficient?
No. Allocative efficiency requires productive efficiency, because it pertains to choices along the production possibilities frontier.
Previous Card | ← Previous Card Button |
Next Card | → Next Card Button |
Flip Card | ↑ / ↓ / Return / Space |
Notification Switch
Would you like to follow the 'Principles of macroeconomics for ap® courses' conversation and receive update notifications?