Question

which of the following will be accomplished by efficient allocations of the factors of production?
guaranteeing economic success
understanding whether a product will fail
fulfilling many needs and wants of society
replenishment of limited resources

Explanation:

Efficient allocation of production factors helps in producing a variety of goods and services that can meet many of society's needs and wants. Economic success isn't guaranteed, product - failure prediction isn't its main goal, and it doesn't replenish limited resources directly.

Answer:

fulfilling many needs and wants of society