According to the concept of the production function,if a firm is inefficient then it must mean
A) for the same amount of inputs,the output is less than the production function would have calculated.
B) for the same amount of output,the number of inputs required is less than the production function would have calculated.
C) the achieved level of output is exactly the same as the production function would have calculated.
D) the firm is producing too many outputs.
E) the inputs are being overused.
Correct Answer:
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