If a firm is not productively efficient,it _____

Name: If a firm is not productively efficient,it _____
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Question

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If a firm is not productively efficient, it is not producing at the lowest possible cost. This means that it is likely earning lower profits or even losses compared to its competitors who are producing at a lower cost. To stay competitive, the firm would need to either adjust its scale of production to become more efficient or consider exiting the industry altogether.

If a Firm Is Not Productively Efficient,it _____