The Trade-Off Between Equity and Efficiency Occurs Because

question 27

Multiple Choice

The trade-off between equity and efficiency occurs because:

• A)the efficient allocation of resources is bad for business and industry.
• B)allocating resources fairly may cause inefficiency.
• C)everyone must pay more tax to ensure equity.
• D)efficiency is politically unpopular.

---

Definitions:

Innate Intelligence

The inherent ability of the body to organize, maintain, and heal itself without conscious effort.

Biological Variation

The differences observed among individuals and populations in biological characteristics due to genetic and environmental factors.

Vitamin D

A fat-soluble vitamin essential for bone health, immune function, and overall well-being, often synthesized through sunlight exposure.