When central planners in a command economy end up having a huge surplus of shoes and widespread shortages of bread in their economy, they have failed to attain:

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Allocative efficiency refers to the efficient distribution of goods and resources according to consumer preferences. If the central planners in a command economy have a surplus of shoes and shortages of bread, they have failed to allocate resources efficiently and meet consumer preferences, which indicates a lack of allocative efficiency. Productive efficiency refers to producing goods using the least amount of resources possible, which may or may not be the case in this situation. Minimum opportunity costs and maximum process and revenues are not relevant to this situation.

When Central Planners in a Command Economy End Up Having