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cjr4808 cjr4808
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A year ago
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.
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Microeconomics

Microeconomics


Edition: 17th
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Kmc14Kmc14
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A year ago
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cjr4808 Author
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A year ago
Good timing, thanks!
riptide
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Yesterday
Brilliant ツ
acaruso
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2 hours ago
Thanks
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