Question

it means finding the quickest possible way of producing large ammounts of a particular product

Answer 1

Answer:

Diamond,Gold,Iron,Copper, Platinum,Coal,Ingot

Answer 2

Efficiency means finding the quickest possible way of producing large amounts of a particular product.

1. Efficiency allows minimal environmental degradation by allowing the distribution and allocation of resources in the best possible way.
2. It is important solution to the biggest economic problem of scarcity of resources. When resources are scarce we cannot afford to allow their wastage.