Productive Efficiency Is

question 172

Multiple Choice

Productive efficiency is

• A)a situation in which resources are allocated to their highest profit use
• B)a situation in which resources are allocated such that goods can be produced at their lowest possible average cost
• C)a situation in which resources are allocated such the last unit of output produced provides a marginal benefit to consumers equal to the marginal cost of producing it
• D)a situation in which firms produce as much as possible

Comprehend the importance of adjusting communication strategies to fit the receiver’s perspective.

Recognize the relationship between effective communication and employee respect.

Learn about the influence of technology and physical barriers on communication efficacy.

Understand how information overload can become a barrier to effective communication and ways to mitigate it.