Question

Q.productive efficiency occurs when an economy cannot produce _____ of one good without producing _____of another good
(a) more,more
(b) more,less
(c) less,less
(d) none of these

Answer 1

b is the right

Explanation:

according to production possibility curve productive efficiency occurs when an economy cannot produce more of one good without producing less of another good

Answer 2

Productive efficiency occurs when an economy cannot produce more of one good without producing less of another good.

1. productive efficiency implies producing maximum resources with a given level of income.
2. It refers to production on production possibility frontier.
3. It is achieved at a point where marinal cost curve cuts average short run cost from below.