When the benefit of one particular use of a resource is greater than the opportunity cost then that resource is which of the followingAsk us anything?

1 answer

Answer

1285894

2026-07-27 08:10

+ Follow

When the benefit of a particular use of a resource is greater than the opportunity cost, that resource is considered to be allocated efficiently. This means that the resource is being used in a way that maximizes its value and contributes positively to overall utility. Essentially, it reflects a scenario where the chosen option provides a net gain compared to the next best alternative.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.