If All of the Opportunities to Make Someone Better Off

question 182

Multiple Choice

If all of the opportunities to make someone better off (without making someone else worse off) have been exploited,an economy is:

• A)equitable.
• B)inefficient.
• C)marginally optimal.
• D)efficient.

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Definitions:

Technical Snag

Refers to a small, unforeseen problem or malfunction that interrupts a process or operation.

Non-resolution

A situation where a conflict or problem remains unresolved, without a solution being achieved or agreed upon.

Disturbances

Any disruptions or interruptions that negatively affect an established order, environment, or system.