Mr.Peabody chooses to invest in companies that produce goods and services at the lowest possible cost.Mr.Peabody is investing in companies that are

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Mr. Peabody's investment strategy indicates that he is looking for companies that are productively efficient, meaning they are producing goods and services at the lowest possible cost. Allocative efficiency refers to the allocation of resources in the most efficient manner to produce goods and services that are in highest demand, which is not necessarily Mr. Peabody's goal. Additionally, investing in companies that produce goods and services at the lowest possible cost does not guarantee a profit, as other factors such as market demand and competition can also affect a company's profitability.

MrPeabody Chooses to Invest in Companies That Produce Goods and Services