The market economy will not allocate resources efficiently in the event of? Surplus of products, Private ownership of property, Immobility of the factors of production, Full employment in certain sectors of the economy
مارکیٹ اکانومی کن حالات میں وسائل کو مؤثر طریقے سے تقسیم نہیں کر سکتی؟
- Surplus of products
- Private ownership of property
- Immobility of the factors of production
- Full employment in certain sectors of the economy
Explanation
- A market economy allocates resources through supply and demand.
- However, it can fail when resources cannot move freely between uses.
- Efficiency is disturbed when factors of production are not flexible.
- If land, labor, or capital cannot shift easily, allocation becomes inefficient.
- This situation is known as factor immobility.
Last verified on 23-04-2026
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