Productive efficiency implies that more of one good can not be produced without a loss of production of the other good.

Question

Quizplus · Accepted Answer

Productive efficiency means that resources are being used in the most efficient way possible to produce goods and services, with no waste or inefficiencies. Therefore, producing more of one good would require sacrificing the production of another good and would no longer be considered efficient.

Productive Efficiency Implies That More of One Good Can Not