Economic efficiency, or efficiency, occurs when all goods and services in the economy are produced and consumed at their respective socially optimal levels.

True

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False

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Solution

The correct option is A
True

True. Economic efficiency, or efficiency, occurs when all goods and services in the economy are produced and consumed at their respective socially optimal levels.

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Economic efficiency, or efficiency, occurs when all goods and services in the economy are produced and consumed at their respective socially optimal levels.

The correct option is A True True. Economic efficiency, or efficiency, occurs when all goods and services in the economy are produced and consumed at their respective socially optimal levels.

The correct option is A
True

True. Economic efficiency, or efficiency, occurs when all goods and services in the economy are produced and consumed at their respective socially optimal levels.