which of the following will be accomplished by efficient allocations of the factors of production?\n…
which of the following will be accomplished by efficient allocations of the factors of production?\n- guaranteeing economic success\n- understanding whether a product will fail\n- fulfilling many needs and wants of society\n- replenishment of limited resources
Answer
Brief Explanations:
Efficient allocation of production factors helps in producing a variety of goods and services to meet societal needs and wants. It doesn't guarantee economic success, can't predict product failure precisely, and doesn't directly replenish limited resources.
Answer:
fulfilling many needs and wants of society