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Critics Say Xenografts Had Been Tried Before and Failed

question 2

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Critics say xenografts had been tried before and failed. Surgeon Leonard Bailey replied that his operation was potentially therapeutic because:


Definitions:

Efficiency

The extent to which resources are utilized optimally to achieve desired outcomes with minimum waste or effort.

Second Best

A concept in economics that suggests if all optimal conditions cannot be satisfied, the second-best option should be pursued.

Distortionary Tax

Taxes that cause people to alter their behavior in a way that distorts the allocation of resources from their most efficient uses.

Economic Choices

Decisions made by individuals, households, or firms regarding the allocation of scarce resources to satisfy needs and wants.

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