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To the economist, efficiency of resource use

To the economist, efficiency of resource use means

A.

The maximum use of resource to achieve minimum objectives

B.

The reduction of cost for adequate output

C.

Relating value of input to that of output

D.

Using appropriate resources for desired wants

E.

Maximizing output from a given amount of resource

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Correct answer is E

No explanation has been provided for this answer.

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