Which of the Following Is TRUE

question 97

Multiple Choice

Which of the following is TRUE?

• A) Economic efficiency occurs if the maximum feasible amount of output is achieved from a given quantity of inputs.
• B) Economic efficiency depends only on what is feasible.
• C) If production is technologically efficient then it must be economically efficient.
• D) None of the above statements are correct.

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Definitions:

Office Of Internal Governance

A designated office within an organization responsible for ensuring compliance with laws, regulations, and internal policies, often overseeing risk management and ethical conduct.

Organization Interest Principle

A principle emphasizing that the actions and decisions within an organization should prioritize the collective interests and goals of the organization.

Organizational Innovation Principle

An approach or set of guidelines intended to foster creativity, encourage the adoption of new ideas, and facilitate change within an organization.

Sexual Harassment

Unwelcome or inappropriate sexual advances, requests for sexual favors, or other verbal or physical conduct of a sexual nature.