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What do economists mean when they say, "using goods and services efficiently and effectively"?
in Grade 7 EMS by Diamond (47.9k points) | 6 views

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Using goods and services efficiently and effectively means achieving the best results from the available goods and services with minimum waste in time and materials and through choosing the best option to get what is needed at the best price at the right time.
by Silver Status (28.7k points)

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