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Author Question: Productive efficiency is achieved when firms produce goods and services A) at the highest profit ... (Read 115 times)

abarnes

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on: Jun 29, 2018
Productive efficiency is achieved when firms produce goods and services
 
  A) at the highest profit margin. B) at the lowest cost.
  C) most desired by society. D) of the highest quality.

Question 2

Define the fertility rate and the mortality rate.
 
  What will be an ideal response?
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nanny

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

The fertility rate is the birth rate. It is equal to (the number of births per year divided by the population) x 100 . The mortality rate is the death rate. It is equal to (the number of deaths per year divided by the population) x 100 .


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