From society's standpoint, positional arms races lead to outcomes that are ________.
A)dominant
B)desirable
C)inefficient
D)efficient

Name: From society's standpoint, positional arms races lead to outcomes that are ________. A)dominant B)desirable C)inefficient D)efficient
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Question

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Positional arms races arise when positional externalities lead people to engage in a series of mutually offsetting investments in performance enhancement. From a societal standpoint, these investments are inefficient.

From Society's Standpoint, Positional Arms Races Lead to Outcomes That