Answer to Question 1
Productive efficiency is an efficiency criterion that describes a situation in which goods and services are produced at the lowest possible cost. It does not imply allocative efficiency which is a criterion associated with producing goods and services that consumers value most. For example, a manufacturer may be able to produce typewriters at the lowest possible cost of 200, but this does not necessarily mean that consumers are willing to pay 200 for a typewriter.
Answer to Question 2
FALSE
Regular staff meetings increase the efficiency of the medical office staff.
Mechanisms to Explain the Effects of Massage
How to solve any percent efficiency problem
Children and adolescents define themselves as they get older
Social scientists have not done well at devising theories to explain lovely romantic moments
Please fully explain the answer with steps