When is allocative efficiency of a product achieved?

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asked May 3, 2022 37.0k views

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Lance McCarthy · Answer 1 · 2022-05-09T06:14:11+0000

Allocative efficiency of a product is achieved when parties are able to use the accurate and readily available data reflected in the market to make decisions about how to utilize their resources

When is allocative efficiency of a product achieved?

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