Economic Efficiency Is Achieved

Multiple Choice

Economic efficiency is achieved

A) when all resources are fairly allocated
B) when an economy is producing the maximum possible amount of goods and services
C) when production or allocation of goods cannot be rearranged to make one person better off while harming no one else.
D) if production or allocation of goods cannot be rearranged to make at least one person better off
E) if production or allocation of goods cannot be rearranged in a way the benefits more people than it harms