When society gets the most it can from its scarce resources, then the outcome is called
A)equitable.
B)efficient.
C)normal.
D)marginal.

Name: When society gets the most it can from its scarce resources, then the outcome is called A)equitable. B)efficient. C)normal. D)marginal.
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Question

Quizplus · Accepted Answer

When society maximizes its resources to get the most out of them, the outcome is considered efficient. Efficiency refers to the optimal production and allocation of resources to best meet the needs and wants of society.

When Society Gets the Most It Can from Its Scarce