What Is Productive Efficiency

question 170

Multiple Choice

What is productive efficiency?

• 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 that 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.

---

Definitions:

Cerebral Cortex

The outer layer of neural tissue of the cerebrum of the brain, playing a key role in memory, attention, perception, cognition, awareness, thought, language, and consciousness.

Vocal Tract

The anatomical cavity and structures involved in the production of speech sounds, including the throat, mouth, and nasal passages.

Brain Cells

Cells in the brain that process and transmit information through electrical and chemical signals; they include neurons and glial cells.

SIDS

Sudden Infant Death Syndrome, the unexplained death of a healthy baby less than a year old during sleep, with no cause found after a thorough investigation.