Economic efficiency requires that

A) individuals produce at their maximum level.
B) only long-lasting, high-quality products be produced without regard to cost.
C) income be distributed equally among consumers.
D) all economic activity generating more benefits than costs be undertaken.

Economic Efficiency

The optimal allocation of resources to maximize output and meet the population's needs and wants.

Economic Activity

Actions that involve the production, distribution, and consumption of goods and services at all levels within a society.

Benefits

Refers to various forms of compensation employees receive from their employers, which may include health insurance, retirement plans, and paid time off.