Question

Bumblebee is a toy manufacturing company. Though the company has been effective in managing its resources without any wastage, its productivity efficiency report shows a decrease in the year 2013 when compared to the previous year. This outcome indicates that its productivity is __________.

A. Neither efffective nor efficient
B. Stagnant
C. Effective and efficient
D. Effective but not efficient
E. Efficient but not effective

Answer 1

Productive efficiency means that it is impossible to produce more of one good without decreasing the quantity that is produced of another good. Bumblebee's productivity efficiency report showed a decrease in the year 2013 compared to the previous year, indicating that its productivity is inefficient.

Step-by-step explanation:

Productive efficiency means that it is impossible to produce more of one good without decreasing the quantity produced of another good. Based on the information provided, Bumblebee's productivity efficiency report showed a decrease in the year 2013 compared to the previous year. This indicates that its productivity is inefficient because it was able to produce less without increasing the quantity of another good.