92.5k views
5 votes
​________ is a situation in which a good or service is produced at the lowest possible cost.

a. productive efficiency
b. optimal marginalism
c. equity
d. allocative efficiency

User TC Fox
by
5.2k points

1 Answer

5 votes
Your answer would be, PRODUCTIVE EFFICIENCY, is a situation in which, a goods, or service is produced at the lowest possible cost.





Hope that helps!!!!
User Donpedro
by
5.6k points