Multiple Choice
Economists define an efficient use of resources as a situation in which:
A) one person can be made better off but only by making another person worse off.
B) all persons can be made better off without making anyone worse off.
C) all persons receive an equal share of the resources.
D) all persons are made worse off when one person is made better off.
Correct Answer:

Verified
Correct Answer:
Verified
Q133: Florida schools offered cash bonuses to students
Q134: Specialization in production was the starting point
Q135: In 2003,Congress passed a tax cut.The country
Q136: A dozen friends got together to celebrate
Q137: A central and fundamental theme in economics
Q139: Gains from trade exist for:<br>A)individuals only.<br>B)states only.<br>C)countries
Q140: For a student who owns his or
Q141: The basic concern of microeconomics is to:<br>A)keep
Q142: In baseball,when one manager decides to send
Q143: The BEST example of making a choice