We say there is productive inefficiency in saving lives if
A) there is some way to save more lives
B) there is some way to save more lives without sacrificing any other goods or services
C) all resources are devoted to saving lives
D) no resources are devoted to saving lives
E) anyone dies before reaching his or her life expectancy
Correct Answer:
Verified
Q131: An economic system includes
A) money,stocks and bonds
B)
Q132: Under a capitalist economic system,
A) the state
Q133: A society is saving lives (productively)efficiently if
A)
Q134: Under market capitalism,resources are allocated primarily through
A)
Q135: The social problem of resource allocation requires
Q136: One way to increase economic efficiency in
Q137: If a life can be saved for
Q139: Under market capitalism,resources are allocated by
A) command
Q140: In a traditional economy,decisions about what to
Q141: Figure 2-13
Total Lives Saved
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