Examlex
Which of the following is TRUE of fetal circulation?
Economic Efficiency
The optimal allocation of resources to maximize output or outcomes without waste.
Economic Efficiency
Economic efficiency occurs when the allocation of resources maximizes the total net benefit received by all individuals in the economy.
Constitutional Rules
The fundamental principles and established precedents according to which a state or other organization is governed.
Economic Efficiency
A state in which resources are allocated in the most effective manner, maximizing the production of goods and services without wasting resources.
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