A Situation Is Considered Efficient If

A situation is considered efficient if:

A) there is no alternative allocation of resources that can make someone better off without making someone else worse off.
B) all resources are allocated in such a way that all participants receive an equal share of what has been produced.
C) production has been allocated in such a way that all people receive the output that they expected to receive.
D) some people receive a higher share of production than others.

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