Question 9

Economic efficiency means

  • A.obtaining maximum output from available resources
  • B.equitable distribution of nation's resources
  • C.carrying out production without any waste
  • D.producing the maximum output from available resources at the lowest possible cost
  • E.efficient utilisation of the nation's resources
Objective

Question details

Exam body
UI
Subject
Economics
Year
2013/2014
Question no.
#9
Type
Objective

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