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Which of the following is consistent with the normative criterion of allocative efficiency? Question 23 options: Allocating scarce resources to minimize total net social benefit
Which of the following is consistent with the normative criterion of allocative efficiency? Question 23 options: Allocating scarce resources to minimize total net social benefit (TNSB) Allocating scarce resources to maximize total net social benefit (TNSB) Allocating scarce resources based on level of need Allocating scarce resources to minimize marginal social cost
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