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Title: Do firms actively seek productive efficiency (at the level of the firm)?
Post by: cjr4808 on Oct 9, 2022
Do firms actively seek productive efficiency (at the level of the firm)?

▸ Yes, but only perfectly-competitive firms seek productive efficiency.

▸ Yes, profit-maximizing firms in all market structures seek productive efficiency.

▸ No, firms do not seek productive efficiency.

▸ Yes, but only profit-maximizing, imperfectly-competitive firms seek productive efficiency.

▸ Yes, all firms in all market structures seek productive efficiency.


Title: Do firms actively seek productive efficiency (at the level of the firm)?
Post by: Kmc14 on Oct 9, 2022
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