Which of the Following Statements Illustrates the Concept of Efficiency

question 16

Multiple Choice

Which of the following statements illustrates the concept of efficiency?

• A)The production of the good generates very little pollution.
• B)At equilibrium,all mutually beneficial transactions have taken place.
• C)The production of the good generates very few by-products.
• D)The consumption of the good produces very little waste.

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Definitions:

Personnel Psychologists

Professionals specializing in the science of behavior and mental processes within the workplace.

Job Content

Pertains to the specific duties, tasks, and responsibilities associated with a particular job.

Optimum Work

Optimum work refers to the most efficient and effective level of effort or performance that yields the best results with the least wasted energy or resources.

Human Factors

An interdisciplinary area that focuses on understanding how humans interact with systems and products to improve safety, efficiency, and usability.