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vitfil [10]
3 years ago
11

19. What does it mean to have an economic goal of efficiency?

Social Studies
1 answer:
Anna35 [415]3 years ago
8 0

Answer:

Economic efficiency implies an economic state in which every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency. When an economy is economically efficient, any changes made to assist one entity would harm another.

Explanation:

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