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.
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If productive efficiency characterizes a market A. the output is being produced at the lowest possible cost. B. firms use the best ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » 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.