A Firm That Is Technologically Efficient

question 15

Multiple Choice

A firm that is technologically efficient

• A) must be economically efficient, but a firm that is economically efficient is not always technologically efficient.
• B) must be economically efficient, and a firm that is economically efficient must always be technologically efficient.
• C) is not always economically efficient, and a firm that is economically efficient is not always technologically efficient.
• D) is not always economically efficient, but a firm that is economically efficient must always be technologically efficient.

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Definitions:

Applied Training Site

An external location where students or employees receive practical experience and training relevant to their field of study or work.

Confidentiality

The principle of keeping certain information private, not disclosing it without proper authorization or necessity.

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Administration of a vaccine to protect susceptible individuals from communicable diseases.

Half Brother

A male sibling who shares one biological parent with another sibling, making them genetically half-related.