In the town of Rockport, only two goods are produced: left shoes and right shoes. And this economy produces on the production possibility frontier. That is, there is no way of producing more left...

In the town of Rockport, only two goods are produced: left

shoes and right shoes. And this economy produces on the production possibility frontier. That is, there is no way of producing more left shoes without producing fewer right shoes, and

vice versa. What else would you need to know, if anything, to

determine whether the economy of Rockport as a whole is efficient? That is, does it satisfy efficiency in production, efficiency in consumption, and efficiency in output levels? Explain

your answer.