Multiple individuals receiving the greatest amount of goods and services from a limited set of resources: describes the economic principle of:

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Jazlene Norris

28 November, 22:03

Multiple individuals receiving the greatest amount of goods and services from a limited set of resources: describes the economic principle of:

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Reese Walls · Answer 1

Multiple individuals receiving the greatest amount of goods and services from a limited set of resources describes the economic principle of: Efficiency

In economic efficiency, the principle efficiency describe the perfect amount fo resource allocation. A market could be considered as 'efficient' if the amount of goods supplied is in a balance with the amount of demands