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    Management Study Set 31
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    Exam 1: Introduction to Management and Organisations
  5. Question
    Efficiency Refers to ___________
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Efficiency Refers to ___________

Question 13

Question 13

Multiple Choice

Efficiency refers to ___________.


A) the exponential nature of costs and outputs
B) the relationship between inputs and outputs
C) increasing outputs regardless of costs
D) the additive relationship between costs and benefits

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