Productive inefficiency could arise from
a. a waste of available labor
b. a lack of resources
c. an improvement in technology
d. a movement along the production possibilities frontier
e. too many goods being produced by the country or firm
A
Economics
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According to the above figure, the profit-maximizing price for the monopolist is
A) A. B) B. C) C. D) D.
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Compared to the 1950-1973 period, output per worker ________ in the 1974-1995 period.
A. increased more rapidly B. decreased more slowly C. increased more slowly D. decreased more rapidly
Economics