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When does allocation efficiency occur? O A. Allocation efficiency occurs when an economy achieves equity. O B. Allocation efficiency occurs when a good or service

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When does allocation efficiency occur? O A. Allocation efficiency occurs when an economy achieves equity. O B. Allocation efficiency occurs when a good or service is produced at the lowest possible cost. O C. Allocation efficiency occurs when an economy no longer relies on voluntary exchange. O D. Allocation efficiency occurs when production is in accordance with consumer preferences

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