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An Outcome Is Said to Be Efficient If an Economy

question 170

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An outcome is said to be efficient if an economy is conserving the largest possible quantity of its scarce resources while still meeting the basic needs of society.


Definitions:

Digital Literacy

The ability to effectively find, use, and create information or content using digital technologies.

Mobile Devices

Portable electronic devices with computing capabilities, including smartphones and tablets, often used for communication, entertainment, and accessing the internet.

Computerized Animation Techniques

Methods and processes used in the creation of animated sequences or images through digital software and computer technology.

Chat Room

A digital space where multiple users can communicate in real-time, often themed around specific topics or interests.

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