Ensuring the Right Type of Products Are Produced Is Referred

question 60

Multiple Choice

Ensuring the right type of products are produced is referred to as _________ efficiency.

• A)Technical
• B)Economic
• C)Allocative
• D)Productive

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Definitions:

Anterior Motive

A motive or reason for action that predates the current situation or decision.

Syphilis

A sexually transmitted infection caused by the bacterium Treponema pallidum, known for its varied and often severe health effects.

Second Categorical Imperative

A principle from Immanuel Kant stating that one should act in such a way that they treat humanity, whether in their own person or that of another, always as an end and never as a means only.

Irrational

Acting without or against reason; not based on logical, rational thinking.