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How would the allocation of resources have been affected if the interest in low-carb diets had continued to increase?

The paycheck that you get for working part-time at the pet store shows what you have earned and how much is withheld for taxes. Explain how the paycheck and the taxes withheld are represented in the circular flow model.
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Sagot :

Tundexi

The allocation of resources would not be affected if the interest in low-carb diets had continued to increase as much as the producer meet the demand for low-carb diets.

What is an allocation of resources?

In economics, an allocation of resources occurs when producer produces goods and services that people value most highly.

if there is a total surplus for a produced goods, then we say the goods is maximized and there is an efficient allocation of resources.

Hence, the allocation of resources would not be affected if the interest in low-carb diets had continued to increase as much as the producer meet the demand for low-carb diets.

Read more about allocation of resources

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