One of the main issues with placing a high priority on economic efficiency is not that incentives for efficiency can inhibit innovation. Thus, pick the last option among the choices, <u>"</u><u>incentives for efficiency</u><u> can reduce innovation."</u>
Concerns with giving economic efficiency a high emphasis include the possibility of efficient outcomes that are unfair. One of the key issues with giving economic efficiency a high priority is the demand, which should represent ability to pay rather than just marginal benefit or gain. Thus, the first and second options cannot be the correct answer.
One of the main concerns about putting a high priority on economic efficiency is that the efficiency focuses on outcomes, but means also matter, which is why the third option cannot be the answer for this question.
Learn why efficiency is an important economic goal: brainly.com/question/22825585
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Which of the following is not one of the main concerns about putting a high priority on economic efficiency?
- efficient results can be unfair.
- demand reflects ability to pay and not solely marginal benefit.
- efficiency focuses on outcomes, but means also matter.
- incentives for efficiency can reduce innovation.
