Which of the following statements is true? Select one: O All sustainable allocations are efficient. O All efficient allocations are sustainable. O Market allocations are efficient but unsustainable. O Not all efficient allocations are sustainable and not all sustainable allocations are efficient.
Which of the following statements is true? Select one: O All sustainable allocations are efficient. O All efficient allocations are sustainable. O Market allocations are efficient but unsustainable. O Not all efficient allocations are sustainable and not all sustainable allocations are efficient.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Economics
Transcribed Image Text:Which of the following statements is true?
Select one:
O All sustainable allocations are efficient.
All efficient allocations are sustainable.
Market allocations are efficient but unsustainable.
Not all efficient allocations are sustainable and not all sustainable allocations are efficient.
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