Efficient outcomes:
A)will make everyone better off.
B)are equitable outcomes.
C)may not make everyone happy.
D)minimize wasteful economic surplus.

Question

Quizplus · Accepted Answer

Efficient outcomes refer to situations where resources are allocated in a way that maximizes the net benefit to society. However, this does not necessarily mean that everyone will be happy with the outcome, as it might involve trade-offs that disadvantage some individuals or groups.

Efficient Outcomes