Efficiency Is Defined as

question 117

Multiple Choice

Efficiency is defined as

• A)the maximum consumption of goods.
• B)the production of goods and services.
• C)production of output at minimum cost.
• D)arriving at one's destination quickly.

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Definitions:

Canada

A country in North America, known for its vast landscapes, multicultural communities, and bilingual (English and French) character.

Trains

Rail vehicles for the transportation of goods and passengers along railways.

Wilmot Proviso

An unsuccessful 1846 proposal in the United States aiming to ban slavery in territory acquired from Mexico.

Immigration Policy

The laws, regulations, and procedures established by a country to control the entry and stay of foreigners within its borders.