Examlex
Which of the following best illustrates potential energy?
Efficiency
The optimum allocation of resources to achieve the best possible output or outcome with minimal waste or inefficiency.
Equality
A state or condition of being equal, especially in status, rights, and opportunities.
Total Surplus
The sum of consumer and producer surplus, representing the total benefit to society from a market transaction.
Equilibrium
The state in a market where supply equals demand, leading to a stable price for a given good or service.
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