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  9. Q2
Question 2

The concept of economics efficiency primarily implies

  • A.containing the maximum output from available resources at the lowest possible cost
  • B.conserving our petroleum resources
  • C.equity in the distribution of the nation's wealth
  • D.production without waste
  • E.the limited wants unlimited resources dilemma
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1994
Question no.
#2
Type
Objective
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