Which Sentence Avoids Redundant Expressions

question 78

Multiple Choice

Which sentence avoids redundant expressions?

• A)It is absolutely essential that our accounting records are accurate .
• B)Let's not repeat our competitor's mistakes .
• C)Please refer back to the June financial statements .
• D)I want to thank each and every stockholder .

Apply the concept of marginal utility in optimal consumption decisions.

Analyze and interpret indifference curves and budget constraints.

Understand the concept of income inequality within the United States and compare it to other countries.

Recognize the factors contributing to changes in the income distribution over time.

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Definitions:

Least-Cost

A principle or method of minimizing the costs of production or operation while achieving the desired output or quality.

Production Technique

Methods or processes used in the creation of goods or services, often focusing on increasing efficiency or quality.

Coordination Problem

Challenges that arise when parties involved in economic activity must align their plans and actions to effectively achieve their objectives.

Central Planning

An economic system where the government makes all decisions about the production and distribution of goods and services, often found in socialist economies.