kaiokenx10 kaiokenx10

Today at 9:26 PM
Business

Answered

what is the meaning of efficiency in production

Answer :

aprilwallace774 aprilwallace774

Today at 9:32 PM

Answer:

Productive efficiency is a situation in which the economy could not produce any more of one good without sacrificing production of another good. In other words, productive efficiency occurs when a good or a service is produced at the lowest possible cost.

Explanation:

Answer Link

Other Questions

Suppose the value of one division of vernier scale is 0.5mm and the value of one main scaledivision is 0.49mm, what is the least count of the instrument in mill

Suppose you need to know an equation of the tangent plane to a surface S at the point P (2,1,3). You don't have an equation for S but you know that the curves:

Suppose you are deciding whether to buy a particular bond. If you buy the bond and hold it for 4 years, then at that time you will receive a payment of $10,000.

Suppose you are deciding whether to buy a particular bond. If you buy the bond and hold it for 4 years, then at that time you will receive a payment of $10,000.

Suppose there are 75 million people in the labor force. The labor force participation rate is 60% and the unemployment rate is 8%. Instructions: Enter whole num

दिल से दिल कभी जुदा नहीं होते, यूं ही हम किसी पर फ़िदा नहीं होते, मोहब्बत से बढ़कर तो दोस्ती रिश्ता है, क्योंकि दोस्त कभी बेवफा नहीं होतेpagal ji AAP khelenge h

Find the rationalizing factor

In a paragraph of 125 words, explain the reasons why the study of geography is important and how it affects your life.

write the paragraph no spam

The world is worried about the in the ozone layer. (Fill in the blanks choosing the correct homophones )

There are 10 animals at the zoo. 2/5 of thr animals are monkeys. How many monkeys are at the zoo?

The Panic of 1873 gave rise to the Party. 1. Libertarian 2. Greenback 3. Populist

Is ∆JKL ≅ ∆KJM ? Justify your answer below.

2. A go-kart can travel as for as 45 miles in 3hours. What is its unit rate?

What are some examples of syntax?

Which of the following events convinced President Kennedy that a new law was needed to protect the civil rights of African Americans? A. President Kennedy was p

Speculative investments are which of the following? a- no risk b- low risk c- medium risk d- high risk

4. slope = 5, (10, 3) is on the line.Find the y-intercept y = mx + b

The main structural component of plant cell walls is

In the book “Percy Jackson”, what is the main idea in chapte 18