Efficiency is your number one focus at all times.

A. True
B. False

Question

02-08-2024
Business

Answered

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Efficiency is your number one focus at all times.

A. True
B. False

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-08-02T10:43:49-04:00

Final answer:

Efficiency in an economic system ensures resources are used effectively. Simple machines have efficiency less than 100% due to energy losses.

Explanation:

Efficiency is the focus on utilizing resources to their fullest extent to produce desired goods and services efficiently in an economic system. In the context of simple machines, efficiency is always less than 100% due to energy losses, such as heat from friction.

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