A change in economic output is ________ if the value of the resulting gains exceeds the value of the resulting losses.

A) potentially efficient
B) always efficient
C) always inefficient
D) irrelevant

Economic Output

The total value of all goods and services produced within an economy over a specific time period.

Potentially Efficient

A condition where resources could be allocated in a way that maximizes the net benefits to society, although it may not necessarily be achieved.