Inefficiency Exists in an Economy When a Good Is

question 68

Multiple Choice

Inefficiency exists in an economy when a good is

• A)being produced with less than all available resources.
• B)not distributed fairly among buyers.
• C)not being produced by the lowest-cost producers.
• D)being consumed by buyers who value it most highly.

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Definitions:

Pronation

A movement of the forearm and hand that results in the palm facing downward or backward.

Forearm

The part of the arm extending from the elbow to the wrist.

Anterior-Facing

Positioned or oriented towards the front.

Hyperextension

Hyperextension is the movement of a limb or body part beyond its normal limit or range of motion, often resulting in injury.