A Firm That Is Technologically Efficient

Question 35
Multiple Choice

A firm that is technologically efficient A)always makes an economic profit. B)must be economically efficient, but a firm that is economically efficient is not always technologically efficient. C)must be economically efficient, and a firm that is economically efficient must always be technologically efficient. D)is not always economically efficient, and a firm that is economically efficient is not always technologically efficient. E)is not always economically efficient, but a firm that is economically efficient must always be technologically efficient.