If a Firm Is Not Productively Efficient,it _____

question 86

Multiple Choice

If a firm is not productively efficient,it _____

• A)must adjust its scale or exit the industry.
• B)sells its product at the lowest possible price.
• C)earns a positive economic profit.
• D)produces what consumers demand.
• E)earns a normal profit in the short run.

---

Definitions:

Victimized

Describes a state or condition in which an individual has suffered harm, injury, or abuse, whether emotionally, physically, or socially.

Violence

The use of physical force or power, threatened or actual, against oneself, another person, or against a group or community, which either results in or has a high likelihood of resulting in injury, death, psychological harm, maldevelopment, or deprivation.

Successful Aging

A concept involving the attainment of peak physical, psychological, and social well-being and satisfaction in older adulthood, often despite the presence of diseases and physical limitations.

Maximizing

The strategy of seeking the best possible choice among all options, often requiring thorough comparison and consideration of all available alternatives.