If an Economy Has NOT Achieved Efficiency,there Must Be Ways

question 12

Multiple Choice

If an economy has NOT achieved efficiency,there must be ways to:

• A)increase opportunity costs.
• B)eliminate inequity.
• C)make some people better off without making others worse off.
• D)increase the incentives for its citizens to follow their own self-interest.

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Definitions:

Retrospective Analysis

An observational study method examining past data or records to investigate patterns, outcomes, or associations.

Person Who Committed

This term is not fully clear without context; typically, it may refer to someone who has carried out a specific action or crime, but without additional information, a precise definition is not possible.

Financial Incentives

Monetary rewards given to influence behavior or encourage specific outcomes in individuals or organizations.

Public Service Announcements

Broadcast messages provided by the media to inform or educate the public on issues of public interest without charging the announcing party.