A society is saving lives (productively) efficiently if
A) there are no unemployed resources in the health care sector
B) there are no unemployed resources anywhere in the economy
C) there is no way to save more lives
D) there is no way to save more lives without sacrificing some other goods or services
E) the opportunity cost of saving one more life is zero
Correct Answer:
Verified
Q128: Productivity efficiency in saving lives
A) is not
Q129: In a market economy,
A) the government primarily
Q130: Which of the following is an essential
Q131: An economic system includes
A) money,stocks and bonds
B)
Q132: Under a capitalist economic system,
A) the state
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
Q138: We say there is productive inefficiency in
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