In a competitive market, all of the choices along the production possibility frontier display .efflctency, whrle the spectfic chorce on the frontier that socrety picks us the one With effictency. O Productive; AllocativeO Allocative; ProductiveO Allocatlve; AlocativeO Productive; Productive

Productive; Allocative

Explanation:

The production possibility frontier shows the various combinations of two products that a limited resource.can produce.

So in competitive markets any choice along the PPF shows productive efficiency (where increased production of one good leads to reduced production of the other).

A specific choice by society on the PPF is allocatively efficient (concerned with consumer satisfaction, consumers choose which good will most satisfy them).

match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability

answer; break-even analysis;