When the net benefits of all economic activities are not maximized, economists say the allocation of resources is _______ .
A) inefficient
B) incorrect
C) efficient
D) poorly done

Question

Quizplus · Accepted Answer

When the net benefits of economic activities are not maximized, it means that resources are not being used effectively and efficiently. This results in an inefficient allocation of resources.

When the Net Benefits of All Economic Activities Are Not