Over time the average total cost curve of a firm is lowered. Which form of efficiency does this represent?
A.
allocative
B.
dynamic
C.
Pareto
D.
productive
Exam No：9708_m21_qp_32 Year：2021 Question No：1
Answer:
B
Knowledge points:
7.3.1 definitions of productive efficiency and allocative efficiency
Solution:
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