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Evangeline Preston
Social Studies
17 March, 11:05
What is inefficient outocme
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Sarah Baker
17 March, 11:13
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I think you mean Productivity outcome and if so ...
Explanation:
Productive inefficiency - says that we could produce the given output at a lower cost-or could produce more output for a given cost. For example, a company that is inefficient will have higher operating costs and will be at a competitive disadvantage (or have lower profits than other firms in the market).
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