A Firm That Is Technologically Efficient

question 95

Multiple Choice

A firm that is technologically efficient

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

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