An Allocation of Resources That Achieves the Maximum Net Benefit

question 128

Multiple Choice

An allocation of resources that achieves the maximum net benefit from all activities is:

• A) inefficient.
• B) external.
• C) internal.
• D) efficient.

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Definitions:

Scientific Investigation

The systematic pursuit of knowledge involving the observation, identification, description, experimental investigation, and theoretical explanation of phenomena.

Influence

The capacity or power of persons or things to be a compelling force on the actions, behavior, opinions, etc., of others.

Description

The act of giving a detailed account or picture of something in words, including characteristics, qualities, and features.

Psychological Well-being

A complex blend of the physical, mental, and emotional factors that contribute to an individual's overall sense of happiness and fulfillment.