Production efficiency, Allocative efficiency and market equilibrium. Describe them with proper data table and graph. It gives basic idea about those topic

1. Market Equilibrium
&
Allocative
EfficiencyProduction

2. Production Efficiency

3. 0
100
180
240
280
300
0
50
100
150
200
250
300
350
0 1 2 3 4 5 6
APPLE
RABBITS
Combination Rabbits Apple
A 5 0
B 4 100
C 3 180
D 2 240
E 1 280
F 0 300

4. Allocative Efficiency

5. Combination Rabbits Apple MC
A 5 0 0
B 4 100 100
C 3 180 80
D 2 240 60
E 1 280 40
F 0 300 20

6. 100
80
60
40
20
0
20
40
60
80
100
120
0 1 2 3 4 5 6
MCINAPPLE
RABBITS
Combination Rabbits Apple MC
A 5 0 0
B 4 100 100
C 3 180 80
D 2 240 60
E 1 280 40
F 0 300 20

7. Combination Rabbits Apple MC MB
A 5 0 0 0
B 4 100 100 20
C 3 180 80 40
D 2 240 60 60
E 1 280 40 80
F 0 300 20 100

8. 20
40
60
80
100
0
20
40
60
80
100
120
0 1 2 3 4 5 6
MBINAPPLE
RABBITS
Combination Rabbits Apple MC MB
A 5 0 0 0
B 4 100 100 20
C 3 180 80 40
D 2 240 60 60
E 1 280 40 80
F 0 300 20 100

9. 100
80
60
40
20 20
40
60
80
100
0
20
40
60
80
100
120
0 1 2 3 4 5 6
Marginalcostandmarginalbenefit(Apple)
Rabbits
MB
MCXMB > MC MB < MC

10. Market Equilibrium

11. Price Q d Q s
2 10 2
4 8 4
6 6 6
8 4 8
10 2 10

12. Qd
Qs
Price Q d Q s
2 10 2
4 8 4
6 6 6
8 4 8
10 2 10
0
2
4
6
8
10
12
0 2 4 6 8 10 12
P
Q
QD = QS

13. 0
2
4
6
8
10
12
0 2 4 6 8 10 12
QS
QD
Price
quantity
QS QD
QD > QS

14. 0
2
4
6
8
10
12
0 2 4 6 8 10 12
QS
QD
Price
quantity
QD QS
QD < QS

15. Increase in demand and increase in supply
Increase in demand but decrease in supply
Decrease in demand but increase in supply
Decrease in demand and decrease in supply

16. Do your best, give your best,
leave the rest for him,
he will do it for you.

17. Presented By
Sayed15-13078@diu.edu.bd
Daffodil international university