Productive efficiency implies that
A)all consumers' wants are satisfied.
B)no advance in technology will occur in the future.
C)the attainable region is greater than the unattainable region.
D)gains are impossible in one area without losses in another.

Question

Quizplus · Accepted Answer

Productive efficiency occurs when an economy or entity is operating in such a way that it is impossible to produce more of one good without reducing the production of another good, indicating that resources are being used optimally.

Productive Efficiency Implies That