Skip to main content
Microeconomics
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
Back
Allocative Efficiency, Productive Efficiency, and Equality
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Allocative Efficiency, Productive Efficiency, and Equality
Download worksheet
Practice
Summary
Previous
6 of 10
Next
0. Basic Principles of Economics / Allocative Efficiency, Productive Efficiency, and Equality / Problem 6
Problem 6
In a market where consumers prefer electric cars over gasoline cars, what would allocative efficiency entail?
A
Producing more electric cars to meet consumer demand.
B
Producing equal numbers of electric and gasoline cars.
C
Maximizing the total number of cars produced.
D
Focusing on the most cost-effective production method.
AI tutor
0
Show Answer