Efficiency means that Select one: a.society is getting the maximum benefits from its scarce resources. b.society's goods and services are distributed equally among society's members. c.society is conserving resources in order to save them for the future. d.society's goods and services are distributed fairly, though not necessarily equally, among society's members.

Efficiency means that Select one: a.society is getting the maximum benefits from its scarce resources. b.society's goods and services are distributed equally among society's members. c.society is conserving resources in order to save them for the future. d.society's goods and services are distributed fairly, though not necessarily equally, among society's members.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter1: What Is Economics

Section1.1: The Basic Problem In Economics

Problem 1R

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