Which of the following five categories of inefficiency was the most important factor of the relat...

Question

Question

Which of the following five categories of inefficiency was the most important factor of the relative inefficiency?

	a.	Unproductive activities
	b.	Idle resources
	c.	Misallocation of factors among sectors
	d.	Misallocation of factors among firms
	e.	Technology blocking

business economics

Answer 1

Answer #1

Misallocation of factors among sectors was the most important factor of the relative inefficiency. Hence,option(C) is correct.

Answer 2

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