Inefficiency occurs when wheat is grown on land best suited, Ask an Expert

Economics

Inadequacy occurs when wheat is grown-up on land best suitable to soybean crop growing

Are the subsequent statements consistent?

Economists define efficiency as the absence of waste.

Inefficiency occurs when wheat is grown on land best suited to soybean cultivation, while soybeans are grown on land more appropriate for wheat production.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M917293

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