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Tuesday, 23 June 2026
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The concept of economic efficiency primarily refers to

The concept of economic efficiency
primarily refers to
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Obtaining the maximum output from available resources at the lowest possible cost
  • B Conservation of our petroleum resources
  • C Equity in the distribution of the nation’s wealth
  • D Producing without waste
  • E None of the above
Correct Answer: Option A
Explanation:

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