Production Efficiency Is Achieved When

question 36

Multiple Choice

Production efficiency is achieved when

• A)the production possibilities frontier shifts outward at a constant pace.
• B)there are no tradeoffs.
• C)all resources are equally productive in all activities.
• D)resources are not equally productive in all activities.
• E)we produce goods and services at the lowest possible cost.

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NASW Code of Ethics

A set of guiding principles and standards designed by the National Association of Social Workers to direct the professional conduct of social workers.

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