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Home Q & A Board Other Fields Homework Help Business Economics
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sgy_89 sgy_89
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6 years ago
Economic efficiency has two separate elements. Those elements are
A) producing the products that consumers desire the most and producing each of those products with as few scarce resources as possible.
B) fully employing all economic resources and using those resources to produce the goods and services that consumers desire the most.
C) producing as much output as possible and ensuring that the resulting output is distributed fairly.
D) producing as much output as possible while maintaining a stable price level.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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