The Most Important Way in Which Inefficiency Occurs Is

question 277

Multiple Choice

The most important way in which inefficiency occurs is

• A)producing more military goods instead of civilian goods.
• B)limiting economic growth by limiting capital spending.
• C)unemployment of labor and other resources.
• D)producing outside the production possibilities frontier.
• E)All of the responses are correct.

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Definitions:

Urban Areas

Regions characterized by high population density and vast human features in contrast to areas dominated by natural landscapes.

Tay-Sachs Alleles

Genetic variants associated with Tay-Sachs disease, a fatal genetic disorder that causes progressive destruction of the nervous system in infants and young children.

Homozygous

Having two identical alleles for a particular gene, resulting in a specific trait being expressed in an organism.

Heterozygotes

Individuals carrying two different alleles for a specific gene, one inherited from each parent.