Refer to the diagram. By producing at output level Q,
A)neither productive nor allocative efficiency is achieved.
B)both productive and allocative efficiency are achieved.
C)allocative efficiency is achieved, but productive efficiency is not.
D)productive efficiency is achieved, but allocative efficiency is not.

Question

Refer to the diagram. By producing at output level Q,
A)neither productive nor allocative efficiency is achieved. 
B)both productive and allocative efficiency are achieved. 
C)allocative efficiency is achieved, but productive efficiency is not. 
D)productive efficiency is achieved, but allocative efficiency is not.

Quizplus · Accepted Answer

The Answer of  Refer to the diagram. By producing at output level Q,
A)neither productive nor allocative efficiency is achieved. 
B)both productive and allocative efficiency are achieved. 
C)allocative efficiency is achieved, but productive efficiency is not. 
D)productive efficiency is achieved, but allocative efficiency is not.

Refer to the Diagram