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An economy produces yogamats. What do we know if theeconomyachievesallocativeefficiency? Question content area bottom Part 1 If theeconomyachievesallocativeefficiency _______. A.marginal cost is minimized B.it produces

An economy produces

yogamats.

What do we know if

theeconomyachievesallocativeefficiency?

Question content area bottom

Part 1

theeconomyachievesallocativeefficiency

_______.

A.marginal cost is minimized

B.it produces the quantity on the PPF that is valued most highly

C.it does not necessarily also achieve production efficiency

D.marginal benefit is maximized

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