Productive Inefficiency Implies That

question 28

Multiple Choice

Productive inefficiency implies that

• A) it is possible to obtain gains in one area without losses in another.
• B) it is impossible to obtain gains in one area without losses in another.
• C) there are too many resources.
• D) there are too few resources.
• E) none of the above

---

Definitions:

Percentage

A mathematical term describing a number or ratio expressed as a fraction of 100, commonly used to compare and quantify differences.

Cell Entry

The action of inputting data into a spreadsheet cell or the data itself that has been entered.

Cell References

Notations that identify the location of a cell or group of cells in a spreadsheet by their row and column details.

Formula

An expression or equation that calculates values in a spreadsheet or mathematical setting.