What is economic and non economic activites
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Answer: hey mate here is your answer
Explanation:
Economic activites:- The activities which genaret income, is known as "economic activities".
Non-economic activities:- The activities which do not genreat any income, is called "Non-economic activities".
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Economic efficiency implies an economic state in which every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency. When an economy is economically efficient, any changes made to assist one entity would harm another.
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