Which of the Following Statements Expresses the Justification for Making

question 85

Multiple Choice

Which of the following statements expresses the justification for making efficiency the first goal of economic interaction?

• A)Efficiency gives the poor an incentive to improve their economic status.
• B)Since the consensus on what is a fair distribution of goods is impossible,efficiency is the next best goal.
• C)People are not really concerned about the problems of the poor.
• D)Efficiency maximizes total economic surplus and thereby allows other goals to be more fully achieved.

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Definitions:

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An intense and disabling pain in the head that can have various causes.

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Outcome behaviors are the observable actions taken by individuals as a result of specific interventions or influences, often assessed to evaluate the effectiveness of a strategy or treatment.

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The ability to find and use available resources effectively to solve problems or achieve goals.