The Point at Which Technical and Allocative Efficiency Are Achieved

question 72

Multiple Choice

The point at which technical and allocative efficiency are achieved is called:

• A)Input trade-off efficiency
• B)Productivity
• C)Financial productivity efficiency
• D)Total productive efficiency

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Definitions:

Microevolution

Change in gene frequencies between populations of a species over time.

Gene Pool

The complete set of unique alleles in a population or species, representing its genetic diversity.

Gametes

Reproductive cells (sperm in males and eggs in females) that carry half the genetic information of an organism and combine during fertilization.

Allele Frequencies

The relative proportions of different alleles of a particular gene in a given population.