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An economy will achieve productive efficiency when it _and will achieve allocation efficiency when it Is maximizing production and could not increase production of both

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An economy will achieve productive efficiency when it _and will achieve allocation efficiency when it Is maximizing production and could not increase production of both goods at the same time; is producing the combination of goods and services that most benefit the people in the economy. O Is maximizing production and could not increase production of both goods at the same time; is producing an equal amount of both goods. O Is producing beyond the production possibility frontier; is producing inside the production possibility frontier. O's producing the combination of goods and services that most benefit the people in the economy; Is maximizing production and could not increase production of both goods at the same time

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