Economic efficiency is the primary guide in answering which of the fundamental questions in a market economy?
A) What will be produced?
B) How is the output to 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 is the output to be produced?" as it focuses on minimizing costs and maximizing productivity in the production process.

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