In most cases,economic efficiency is achieved through:
A)incentives built into a market economy.
B)reducing regulation.
C)individuals seeking out opportunities that involve no risk.
D)maximizing equity.

Question

Quizplus · Accepted Answer

Economic efficiency is achieved through the use of incentives built into a market economy. These incentives encourage individuals and firms to seek out opportunities to produce and trade goods and services that are valued by society. By doing so, they maximize the overall benefits of economic activity, leading to greater economic efficiency.

In Most Cases,economic Efficiency Is Achieved Through