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Point A, B, and C on the PPF diagram above represent points of , but not necessarily points of A. Productive efficiency; allocative efficiency B.

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Point A, B, and C on the PPF diagram above represent points of , but not necessarily points of A. Productive efficiency; allocative efficiency B. Allocative efficiency; productive efficiency C. Gains from trade; productive efficiency D. None of the above Question 10 1 pts Country Fake-landia has a government that owns all of the means of production: land, labor and capital. The dictator of this country makes all decisions about how much factories should produce, and all prices are set by a special board appointed by the dictator. No free market activity is allowed. This is a economy. A. command B. free-market C. mixed D. None of the above Point A, B, and C on the PPF diagram above represent points of , but not necessarily points of A. Productive efficiency; allocative efficiency B. Allocative efficiency; productive efficiency C. Gains from trade; productive efficiency D. None of the above Question 10 1 pts Country Fake-landia has a government that owns all of the means of production: land, labor and capital. The dictator of this country makes all decisions about how much factories should produce, and all prices are set by a special board appointed by the dictator. No free market activity is allowed. This is a economy. A. command B. free-market C. mixed D. None of the above

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