Asked by sheshu vmware on Apr 29, 2024
Verified
Efficiency deals with helping society decide what its goals should be.
Efficiency
The state or quality of being capable of producing desired results with a minimum expenditure of energy, time, money, or materials.
- Gain insight into the idea of efficiency and its critical role in the discipline of economics.
Verified Answer
CP
Chandon PorterMay 02, 2024
Final Answer :
False
Explanation :
Efficiency deals with achieving goals in the most effective way possible, but it does not dictate what those goals should be.
Learning Objectives
- Gain insight into the idea of efficiency and its critical role in the discipline of economics.