Which of the following conditions is NOT an example of technical efficiencies?
A)more output; fewer inputs
B)same output; fewer inputs
C)more output; same inputs
D)less output; less inputs

Question

Quizplus · Accepted Answer

Technical efficiencies refer to the ability to produce more output using fewer inputs or the ability to maintain the same output while reducing inputs. Option D, less output and less inputs, does not meet the criteria of technical efficiency as it represents a reduction in both output and inputs.

Which of the Following Conditions Is NOT an Example of Technical