Economic efficiency is the primary guide in answering which of the fundamental questions in a market economy?
A)What will be produced?
B)How will the output be produced?
C)How can the system accommodate change?
D)Who is to receive the output?

Question

Quizplus · Accepted Answer

Economic efficiency primarily guides the question of "How will the output be produced?" as it focuses on minimizing costs and using resources in the most effective way to produce goods and services.

Economic Efficiency Is the Primary Guide in Answering Which of the Fundamental