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Which Statement Is TRUE

question 37

Multiple Choice

Which statement is TRUE?


Definitions:

Efficiency

A measure of how well resources are used to produce goods and services without waste.

Trade-Off

A comparison of costs and benefits of doing something.

Society's Goals

The collective aims or objectives sought after by a group of individuals living as a community or society.

Efficiently

Pertains to performing or operating in the best possible manner with the least waste of time and effort.

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