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Which of the following describes an efficient outcome?

  • Question 4a of 25 - Goals

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Which of the following describes an efficient outcome?
  • Answers:
  1. A government program allocates food to the needy.
  2. A car is designed to waste as little fuel as possible.
  3. Consumers are given the widest range of choice possible.
  4. A company sets up retirement program for its employees.

The correct answer is: A car is designed to waste as little fuel as possible. Efficiency is the

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