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Carol is listening to her new CD with the stereo's volume set twice as high as usual.Her mother yells at her to turn the volume down,so Carol gives the volume control her usual half turn.Her mother cannot tell that she had turned the volume down at all.Carol will have to decrease the volume even more than usual to attain a(n) ____.
Efficiency
The optimal use of resources to achieve the best possible outcome or output without wasting resources.
Market Economy
An economic system in which supply and demand determine the production of goods and services.
Efficiency
The optimal allocation and use of resources to achieve the best possible output or outcome with the least waste of time and effort.
Equilibrium
A state in a market where demand equals supply, resulting in a stable price for a good or service.
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