Allocative Efficiency Occurs When It Is

question 208

Multiple Choice

Allocative efficiency occurs when it is

• A) possible to produce more of one good without giving up the production of some other good.
• B) possible to produce more of all goods.
• C) not possible to produce more of one good without giving up the production of some other good that is valued less highly.
• D) not possible to produce more of one good without giving up the production of some other good that is valued more highly.

Understand evolutionary mechanisms, including natural selection and genetic drift.

Identify adaptation as a response to environmental challenges and a driver of diversification.

Recognize the utility and limitations of scientific tools and models in reconstructing evolutionary histories.

Understand the concept of genetic variation and its sources.