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all points on the ppf are points of __ efficiency. when we produce at the point .on the ppf that we prefer above all other points we

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All points on the PPF are points of __ efficiency. When we produce at the point .on the PPF that we prefer above all other points we achieve __ efficiency allocative; production production; allocative allocative; allocative

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ll points on the Production Possibility Frontier (PPF) are points of production efficiency. When we produce at the point on the PPF that we prefer above all other points, we achieve allocative efficiency.