Economists Define Efficiency as

question 93

Multiple Choice

Economists define efficiency as

• A)output maximization.
• B)the absence of waste.
• C)input maximization.
• D)the presence of surplus.

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Definitions:

Actual Parameters

The actual values or expressions passed to a function or method when it is called, as opposed to the formal parameters defined in the method signature.

Modifier

A keyword in programming languages that you use to specify the properties of an attribute, method, or class, such as public, private, or static.

Specify

To specify means to identify something clearly and explicitly.

Outside A Class

Refers to code or functions that are defined or executed outside of a class definition in object-oriented programming.