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.
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among 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.