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6 January, 08:17

Efficiency

a. and equality both refer to how much a society can produce with its resources.

b. and equality both refer to how fairly the benefits from using resources are distributed between members of a society.

c. refers to how much a society can produce with its resources.

d. refers to how evenly the benefits from using resources are distributed between members of society.

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  1. 6 January, 11:28
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    d. refers to how evenly the benefits from using resources are distributed between members of society.

    Explanation:

    d. refers to how evenly the benefits from using resources are distributed between members of society.

    It means how evenly the benefits are distributed among the member how scarce the resources are. In other words it means how much benefits are obtained from the least resources available.

    It also means to maximize the benefits with the resources available.
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