What Rule Must Be Followed to Obtain an Efficient Allocation

question 26

Multiple Choice

What rule must be followed to obtain an efficient allocation of resources?

• A)P = AC.
• B)P = MC.
• C)P = AR.
• D)MR = AC.

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Definitions:

Racial Category

A classification of humans into groups based on physical traits, ancestry, genetics, or social relations, often used for social identification.

Racism

Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior.

Symbolic Category

A classification based on abstract, often culturally ingrained notions rather than tangible characteristics, used to organize social world perceptions.

Phenotype

The observable physical or biochemical characteristics of an organism, as determined by both genetic makeup and environmental influences.