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    Principles of Microeconomics
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    Exam 1: The Scope and Method of Economics
  5. Question
    A Change in Economic Output Is ________ If the Value
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A Change in Economic Output Is ________ If the Value

Question 230

Question 230

Multiple Choice

A change in economic output is ________ if the value of the resulting gains exceeds the value of the resulting losses.


A) potentially efficient
B) always efficient
C) always inefficient
D) irrelevant

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