4. The key to efficient resource allocation is shifting resources from low-productivity to high-productivity uses. In view

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4. The key to efficient resource allocation is shifting resources from low-productivity to high-productivity uses. In view of the high and expanding physical productivity of agricultural resources, explain why many economists want to divert additional resources from farming to achieve allocative efficiency.

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Microeconomics : Microeconomics: Principles, Problems, And Policies

ISBN: 9781631577277

1st Edition

Authors: McConnell / Stanley L. Brue / Thomas P. Barbiero

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