A trade-off between equity and efficiency may NOT exist because of the fact that:

A) allocating resources fairly may increase efficiency.
B) the efficient allocation of resources may lead to an outcome that most people consider unfair.
C) policies that promote equity often come at a cost of decreased efficiency.
D) allocating resources fairly may cause inefficiency.

Equity

In finance, equity represents ownership interest in a company, typically in the form of stocks. In a broader context, it refers to fairness and justice in treatment.

Efficiency

The effectiveness with which a system, process, or organization uses its resources to achieve its objectives, often with minimum waste or effort.

Allocating Resources

The process of assigning available resources, such as time, money, and labor, to specific uses to achieve an organization's objectives.