Business
Business, 14.04.2020 17:34, ldpozorski

If productive efficiency characterizes a market

A. the output is being produced at the lowest possible cost.
B. firms use the best technology available to produce the good.
C. firms produce the goods that consumers desire most.
D. the marginal cost of production is minimized.

answer
Answers: 3

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If productive efficiency characterizes a market

A. the output is being produced at the...

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