________ Is a Situation in Which a Good or Service

question 208

Multiple Choice

________ is a situation in which a good or service is produced at the lowest possible cost.

• A)Allocative efficiency
• B)Productive efficiency
• C)Equity
• D)Optimal marginalism

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Definitions:

Android Apps

Applications designed and developed for use on the Android operating system for mobile devices.

IDE

Integrated Development Environment: A software application providing comprehensive facilities to computer programmers for software development, including code editor, debugger, and compiler.

Android SDK

A software development kit provided by Google that allows developers to create applications for the Android platform.

Prototype

An early sample, model, or release of a product built to test a concept or process, serving as a thing to be replicated or learned from.