An underallocation of resources in an industry means that for the last unit produced, September 22, 2022 by 8i9x6 economic profit is still rising. society places a higher value on the resources required to produce the last unit than the value society places on consuming the last unit. the demand price for the last unit exceeds the marginal cost of producing the last unit. the cost of producing the last unit exceeds its value to society. long-run average cost is falling. See Answer the demand price for the last unit exceeds the marginal cost of producing the last unit.