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Economics (AS & A Level) · Oct / Nov 2025 · Paper 33 · Question 1

9708Efficiency and market failure

Why would an economy wish to achieve economic efficiency?

  1. Ato achieve an equal distribution of income
  2. Bto achieve full employment
  3. Cto ensure resources are not wasted
  4. Dto ensure international competitiveness

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Correct answer: C. to ensure resources are not wasted

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