-According to the diagram in the figure above, an allocatively efficient use of resources requires that production and consumption of gasoline be
A) 1 million gallons of gasoline per year.
B) 4 million gallons of gasoline per year.
C) 3 million gallons of gasoline per year.
D) 2 million gallons of gasoline per year.

Question

-According to the diagram in the figure above, an allocatively efficient use of resources requires that production and consumption of gasoline be
A) 1 million gallons of gasoline per year. 
B) 4 million gallons of gasoline per year. 
C) 3 million gallons of gasoline per year. 
D) 2 million gallons of gasoline per year.

Quizplus · Accepted Answer

The Answer of 
-According to the diagram in the figure above, an allocatively efficient use of resources requires that production and consumption of gasoline be
A) 1 million gallons of gasoline per year. 
B) 4 million gallons of gasoline per year. 
C) 3 million gallons of gasoline per year. 
D) 2 million gallons of gasoline per year.

-According to the Diagram in the Figure Above, an Allocatively