An Outcome Is Considered Efficient If

question 29

Multiple Choice

An outcome is considered efficient if

• A)it is not possible to make someone better off without making anyone else worse off.
• B)as many people as possible are happy about the outcome.
• C)there is the smallest difference possible between the highest income earned and the lowest income earned.
• D)it is the best available choice for an individual.
• E)everyone makes the same income.

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Definitions:

Biological Rhythm

Natural cycles of physical, emotional, or mental activity in living organisms, often synchronized with environmental factors like light and dark cycles.

Circadian Rhythm

The natural internal process that regulates the sleep-wake cycle and repeats roughly every 24 hours.

Sleep Cycle

A progression through several stages of sleep, including REM (rapid eye movement) and non-REM stages, typically recurring multiple times throughout a night's sleep.

Alpha Waves

Brainwaves that are present when a person is relaxed and calm but still awake, typically with closed eyes, indicative of a state of restful alertness.