If a firm produces a given amount of output using the least amount of inputs, it definitely achieves economic efficiency.
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Q369: A monopolistically competitive firm produces a good
Q370: Q371: The most prevalent market structures in the Q372: If a firm is achieving economic efficiency Q373: Technological efficiency occurs when the firm produces Q375: The possibility that the managers of a Q376: Proprietorships generally have unlimited liability, whereas partnerships Q377: The decision about whether a firm in Q378: Technological efficiency occurs when it is not Q379: The only two ways of dealing with![]()
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