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An economic outcome is said to be efficient if the economy is

A) getting all it can from the scarce resources it has available.

B) using all of the resources it has available.

C) all of the above define efficiency to an economist.

D) conserving on resources and not using all it has.

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Elin Hessel
Elin HesselLv2
25 Feb 2020

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24 Oct 2020

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