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Which describes an efficient outcome? A government program allocates food to the needy. O Consumers are given the widest range of choice possible. O A company sets up retirement program for its employees. O A car is designed to waste as little fuel as possible.​

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Answer:

Okay, based on the options provided, the choice that describes an efficient outcome is:

O A car is designed to waste as little fuel as possible.​

Some reasons why this is the efficient choice:

Minimizing waste - An efficient system or design is one that minimizes waste and uses inputs optimally. A car designed to use the least amount of fuel possible reduces waste and maximizes efficient use of resources.

Maximizing benefit - An efficient outcome is one that maximizes benefits relative to costs. A fuel-efficient car design provides the benefit of reduced fuel costs and energy usage for the same functionality.

Aligning incentives - Efficient systems create proper incentives and discourage inefficiency. A focus on fuel efficiency through design aligns incentives and economies toward reduced usage.

In contrast, the other choices do not necessarily achieve an optimal or efficient outcome:

O Consumers are given the widest range of choice possible. - Maximizing choice alone does not ensure efficiency. It could lead to overuse or mismatch of resources and waste.

O A government program allocates food to the needy. - Although beneficial, distributing food aid is not inherently an efficient process. It depends on the specific approach and allocation methods used.

O A company sets up retirement program for its employees. - Retirement programs can be structured efficiently or not. They alone do not define an efficient outcome.

Therefore, the choice that specifically defines an efficient system by minimizing waste and maximizing benefit is:

A car designed to waste as little fuel as possible.

Step-by-step explanation:

User K Tarun
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