An example of market efficiency in the fashion industry refers to ...

[Tazate]

An example of market efficiency in the fashion industry refers to fashion firms that are able to produce increased amounts of output with fewer units of input; for example fewer sewing machines are needed to make the same number of dresses produced in a prior year's production period.
 
  a. True
  b. False

Question 2

In Paris, during wartime in the 1940s, The Limitation of Supplies Order that specified the acceptable quantity of material allowed in manufacturing.
 
  a. True
  a. False

[softEldritch]

Answer to Question 1

b The definition above describes/defines technical efficiency.

Answer to Question 2

a

[Tazate]

Wow, this really help

[olderstudent]

Great answer, keep it coming