Question 20

The concept of economic efficiency refer to

  • A.Obtaining the maximum output front available resources at the lowest possible cost
  • B.conservation of natural gas and oil deposits
  • C.Equity in the distribution of national resource
  • D.Producing without waste
  • E.The limited wants unlimited resources dilemma
Objective

Question details

Exam body
OAU
Subject
Economics
Year
2010/2011
Question no.
#20
Type
Objective

More from this paper

See all Economics 2010/2011 questions