Refer to the information provided in Figure 16.1 below to answer the question(s) that follow. Figure 16.1
-Refer to Figure 16.1. The ________ amount of fertilizer is 50 bags.
A) efficient
B) unregulated
C) break-even
D) equitable

Question

Refer to the information provided in Figure 16.1 below to answer the question(s) that follow.  Figure 16.1
-Refer to Figure 16.1. The ________ amount of fertilizer is 50 bags.
A) efficient 
B) unregulated 
C) break-even 
D) equitable

Quizplus · Accepted Answer

The term "efficient" in economics often refers to the optimal point where the maximum benefit is achieved. In the context of the question, if 50 bags of fertilizer is the amount that maximizes benefits or outcomes, it would be considered the efficient amount.

Refer to the Information Provided in Figure 16