An optimal allocation of resources is one which is
A)unfair.
B)fair.
C)efficient.
D)inefficient.

Question

Quizplus · Accepted Answer

An optimal allocation of resources is one which is efficient, meaning that resources are allocated in a way that maximizes overall benefits or value. This does not necessarily mean that the allocation is fair or equal, as some individuals or groups may benefit more than others. Therefore, option A (unfair) and B (fair) are not the correct choices. Option D (inefficient) is also incorrect, as an inefficient allocation of resources would result in wastage and reduce overall benefits.

An Optimal Allocation of Resources Is One Which Is