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 |
Misallocation of factors among sectors was the most important factor of the relative inefficiency. Hence,option(C) is correct.
Which of the following five categories of inefficiency was the most important factor of the relat...
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