Which of the following statements is true?
A) Productive inefficiency implies that it is possible to produce more of one good and no less of another,but only if additional resources are made available.
B) Productive efficiency implies that it is possible to produce more of one good and no less of another,even without additional resources.
C) Productive inefficiency implies that it is impossible to produce more of one good and no less of another.
D) Productive inefficiency implies that it is possible to produce more of one good and no less of another,even without additional resources.

Question

Quizplus · Accepted Answer

Productive inefficiency means that an economy can produce more of one good without producing less of another by using the existing resources more effectively, indicating that not all resources are being used in the best possible way.

Which of the Following Statements Is True