What Is Productive Efficiency

question 4

Multiple Choice

What is productive efficiency?

• A)Production of a combination of products that best satisfies consumers' demands.
• B)The maximization of inputs for a given level of output.
• C)The production of an output at the lowest possible average cost.
• D)The minimization of output for a given level of inputs.

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Definitions:

Performance Expectations

Standards or benchmarks that define the expected level of job performance.

Performance-outcome Expectancy

The belief that a certain level of performance will lead to a specific outcome.

Work-related Outcomes

The results or consequences that arise from one's job or professional activities, including productivity, satisfaction, and performance.

Task Performance

The execution and accomplishment of specific work activities or responsibilities assigned to an individual or team.