An economy's production mix is efficient if:
A)MRTS are identical for all firms.
B)there is efficiency in consumption.
C)each consumer's MRS is identical with MRT.
D)there is efficiency in production.

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The Answer of An economy's production mix is efficient if:
A)MRTS are identical for all firms.
B)there is efficiency in consumption.
C)each consumer's MRS is identical with MRT.
D)there is efficiency in production.

An Economy's Production Mix Is Efficient If