Question: Efficiency over time involves maximizing the present value of net benefits. What is the relationship between sustainability and efficiency? Is an efficient society likely to

Efficiency over time involves maximizing the present value of net benefits. What is the relationship between sustainability and efficiency? Is an efficient society likely to be sustainable? If so, what about efficiency leads it to sustainability? If not, can an efficient society be made sustainable? Is a sustainable society likely to be efficient? Why or why not?

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