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:

Increases

Refers to a growth or rise in a particular metric, value, or quantity, often used in the context of business, economics, or statistical data.

Work Design Characteristics

Features of a job that affect the manner in which its tasks and responsibilities are structured.

Attributes

Qualities, features, or characteristics that define or identify something or someone.

Broader Work Environment

The wide range of physical, social, and organizational factors that influence individuals' behavior, attitudes, and performance at work.