The most desirable combination of output attainable with available resources,technology and social values is known as the:

Question

Quizplus · Accepted Answer

The term "optimal mix of output" refers to the most desirable combination of goods and services that can be produced with the available resources, technology, and social values. It represents the point on the production possibilities curve where the economy is efficient, and all resources are being used to their best potential. Thus, D is the best choice among the given options.

The Most Desirable Combination of Output Attainable with Available Resources,technology