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When Resources Are Used Efficiently, What Is the Only Way

question 66

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When resources are used efficiently, what is the only way you can produce more of one good, ceteris paribus?


Definitions:

Evil Intentions

The desire or motivation to carry out actions that are considered morally wrong, harmful, or detrimental to others.

Actor-observer Effect

A psychological phenomenon in which people tend to attribute their own actions to external circumstances but others' actions to their personalities.

Dispositional Attributions

Explanations for behaviour based on an actor’s personality or intellect.

Situational Attributions

Explanations for behaviour based on an actor’s external situation or environment.

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