Efficiency means that
A)society is conserving resources in order to save them for the future.
B)society's goods and services are distributed equally among society's members.
C)society's goods and services are distributed fairly,though not necessarily equally,among society's members.
D)society is getting the maximum benefits from its scarce resources.

Question

Quizplus · Accepted Answer

Efficiency means that society is making the most out of its limited resources in terms of maximizing benefits. This includes using resources in the most productive way and allocating them to produce goods and services that have the highest value to society.

Efficiency Means That