B. firms use the best technology available to produce the good.
C. firms produce the goods that consumers desire most.
D. the marginal cost of production is minimized.
Answer:
A. the output is being produced at the lowest possible cost.
Explanation:
Productive efficiency is a situation where the economy or economic system can not produce any more goods without sacrificing the production of other goods. Consumers benefit from these cost-efficient methods of production. Also, essentially, productive efficiency means that the product is being produced with as few scarce resources as possible thereby enabling society to spread its scarce resources across more products.
Productive efficiency refers to a scenario in the production process where output is generated at the lowest possible cost. It does not necessarily imply utilizing the best technology, producing the most desired goods, or minimal marginal cost of production.
If we talk about productive efficiency, it typically signifies a scenario in the market where goods produced at the lowest possible cost. It is a situation in which a entity cannot produce more of one good without sacrificing production of another good and is directly linked with the concept of a Production Possibility Frontier (PPF). Therefore, the correct answer is A. the output is being produced at the lowest possible cost.
It's crucial to note that while this definition of productive efficiency refers to the lowest cost, it does not necessarily imply using the best technology available (B), producing the goods consumers desire most (C), or minimizing the marginal cost of production (D).
#SPJ3
Answer:
The best campaign to use is the Hash Tag
Explanation:
The hashtag is a situation whereby worlds, statement or information that someone would want a wider coverage for is passed across using the hash sign. This would cause the word to start trending thereby drawing more people's attention to it. Example is #U.SElection
b. try to see how people from different fields can help you.
c. find new investors for your business.
d. discover how you can help one another.
Answer:
D. Discover how you can help one another
Explanation:
Hope this helps! C:
Which career path is Nikki most likely in?
O Buying and Merchandising
O Distribution and Logistics
O E-Marketing
O Management
Answer:
Distribution and Logistics
Explanation:
Logistics are the activities of a company related to distributions of its product. It encompasses all efforts of moving goods from the factory to the retailers for sale to the customers. Transport and warehousing are part of logistics.
The distribution and logistics department plans, organize, and manages the movement of products to their intended destination. Nikki is most likely to be in the distribution and logistics career path. She ensures that the supply chain is running efficiently and tracts the movement of products.
Answer:
B ) Distribution and Logistics
Explanation:
Answer:supplier partnerships
Explanation:supplier partnership is a commitment over an extended time to work together to the mutual benefit of both parties, sharing relevant information and the risks and rewards of the relationship.
In quality control, extended relationship between buyers and sellers based on confidence, credibility, and mutual benefit. The buyer, on its part, provides long-term contracts and assurance of only a small number of competing suppliers. In reciprocation, the seller implements customer's suggestions and commits to continuous improvement in quality of product and delivery.
Answer:
Supplier Partnership
Explanation:
Supplier Partnership can be defined as the way in which companies tries to expand their total quality management (TGM) in order to include the supply chain partner in which the relationship, between them involve a commitment over a long period of time period in which if members of the supply chain do not share the same commitment to TQM the quality will suffer although partnerships with suppliers have proven to be valuable and essential in many companies' supply strategy.
Total quality management (TQM) is important because it helps to reduce error especially in manufacturing supply chain management and also help to improve customer experience and customer satisfaction.