Why is efficiency desirable?
A) It results in an equal distribution of income.
B) It results in the highest prices for the goods and services produced.
C) It makes best use of the available resources.
D) It is the most politically popular solution.

Question

Quizplus · Accepted Answer

Efficiency is desirable because it ensures that resources are used in the best way possible, which leads to maximum outputs and benefits for society. This ultimately leads to economic growth and a higher standard of living. Choices A, B, and D are incorrect as efficiency does not necessarily result in an equal distribution of income, highest prices, or popularity in politics.

Why Is Efficiency Desirable