Flashcard sets with a 'the efficiency principle' term meaning 'economic efficiency occurs when total economic surplus is maximized. efficiency is an important social goal, because when the economic pie grows larger, everyone can potentially have a larger slice'

SEARCH

See other definitions of term:the efficiency principle

1-1 of 1Flashcard sets with a 'the efficiency principle' term meaning 'economic efficiency occurs when total economic surplus is maximized. efficiency is an important social goal, because when the economic pie grows larger, everyone can potentially have a larger slice'
# Title Terms Date
1macroeconomics - frank 2Eby shortnsweetbb206 termsMarch 19, 2008
Get rid of ads on Quizlet
Groups 0Definitions 0

No groups found.

No definitions found.