which of the following will be accomplished by efficient allocations of the factors of production?\no…
which of the following will be accomplished by efficient allocations of the factors of production?\no guaranteeing economic success\no understanding whether a product will fail\no fulfilling many needs and wants of society\no replenishment of limited resources
Answer
Brief Explanations:
Efficient allocation of production factors helps in using resources to produce goods and services that meet society's needs and wants. It doesn't guarantee economic success as there are other factors. It also doesn't directly tell if a product will fail or replenish limited resources.
Answer:
fulfilling many needs and wants of society