[Recommended]Define productivity efficiency and allocative efficiency.

Define productivity efficiency and allocative efficiency. Has to be in apa format and each question must be 200 words, including references from 3 different macroeconomic…

Define productivity efficiency and allocative efficiency.
Has to be in apa format and each question must be 200 words, including references from 3 different macroeconomic books, one being Macroeconomics 11th ed by William a. mceachern. including a separate page for the references.
– Explain why the marginal cost of production must increased if the marginal product of the marginal resource is decreasing.
– Define productivity efficiency and allocative efficiency. What conditions must be met in order to achieve them?

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