Efficiency means that society is conserving resources in order to save them for the future society's goods

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Efficiency means that

society is conserving resources in order to save them for the future

society's goods and services are distributed equally among society's members.

society's goods and services are distributed fairly, though not necessarily equally, among society's members.

society is getting the maximum benefits from its scarce resources

Related Book For answer-question

A Pathway To Introductory Statistics

ISBN: 9780134107172

1st Edition

Authors: Jay Lehmann

Posted Date: Jan 26, 2024 01:30 AM

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Efficiency means that society is conserving resources in order to save them for the future society's goods

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A Pathway To Introductory Statistics

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