Which of the following is NOT one of the main concerns about putting a high priority on economic efficiency? Demand reflects ability to pay and not solely marginal benefit. Incentives for efficiency can reduce innovation. Efficient results can be unfair. Efficiency focuses on outcomes, but means also matter.
Which of the following is NOT one of the main concerns about putting a high priority on economic efficiency? Demand reflects ability to pay and not solely marginal benefit. Incentives for efficiency can reduce innovation. Efficient results can be unfair. Efficiency focuses on outcomes, but means also matter.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
![Which of the following is NOT one of the main
concerns about putting a high priority on economic
efficiency?
Demand reflects ability to pay and not solely
marginal benefit.
Incentives for efficiency can reduce innovation.
Efficient results can be unfair.
Efficiency focuses on outcomes, but means also
matter.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F633eb7d7-bb03-4ea2-8505-05c7a54b4475%2F18281d3b-00c3-438c-93c8-d5a2f9a5d6d5%2F7rsfur7_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following is NOT one of the main
concerns about putting a high priority on economic
efficiency?
Demand reflects ability to pay and not solely
marginal benefit.
Incentives for efficiency can reduce innovation.
Efficient results can be unfair.
Efficiency focuses on outcomes, but means also
matter.
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