A Firm Said to Be Is Productively Efficient If, _____

question 82

Multiple Choice

A firm said to be is productively efficient if, _____.​

• A)it produces its output at the lowest possible cost
• B)it sells its product at the lowest possible price
• C)it earns a positive economic profit
• D)it produces what consumers demand
• E)it earns a normal profit in the short run

---

Definitions:

Fimbriae

Fringe-like projections at the end of the fallopian tubes near the ovaries, involved in guiding the egg into the tube.

Flagella

Long, slender projections from a cell that are used for locomotion or sensory functions.

Filum

A slender thread-like structure, especially one found in the anatomy of animals, such as the filum terminale in the human spine.

Fillet

A piece of meat or fish that has been stripped from the bone, often prepared for cooking.