For the improvement of the welfare of a people, a high production level is not e...
Question
For the improvement of the welfare of a people, a high production level is not enough becauseOptions
A)
the have-nots deserve more than a fair share

B)
equitable distribution is necessary
C)
production efficiency is vital
D)
savings in the country must be guaranteed at more than 50 percent of income earned.
Related Lesson: Production Function | Theory of Production
The correct answer is A.
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