--%>

Production in economically efficient mixtures of resources

Production based upon economically efficient mixtures of resources: (w) Maximizes production costs for a specified output. (x) Minimizes output from a specified cost. (y) Maximizes output or/and minimizes costs. (z) is unlikely since resources are unlimited.

Please suggest me how to solve the problem of Productive Efficiency that is given above.

   Related Questions in Public Economics

  • Q : Specialization and Gains from Trade

    While people develop expertise by dividing up the assignments encountered within major productive activities as like making a movie or manufacturing a plane, one of the most likely consequences is:  (i) Political instability originates by unavoidable frictions in

  • Q : Assignments I want it tomorrow night or

    I want it tomorrow night or before, please.

  • Q : Price Specie-Flow Mechanism-early

    The equation ΔMV is equal to ΔPQ while real GDP (which is adjusted for inflation), is fixed is a modern method to distinguish: (w) Adam Smith’s labor theory of value. (x) Francois Quesnay’s circular flow model. (y) Roberto Mich

  • Q : Laws and government regulations of

    Most of the economists agree that the property rights are finally defined and recognized primarily by: (i) The ‘invisible hand’ of the market system. (ii) The labor theory of value. (iii) Laws and government regulations. (iv) Supply and demand. (v) The bru

  • Q : Nonexistence of economic problems I

    I need a good answer on the topic of Economic problems. Please give me your suggestion that, when would be Economic problems nonexistent: (v) The world population stopped rising, (w) capitalism were replaced and abolished along with socialism, (x) all human wishe

  • Q : Allocative Mechanisms and Efficiency

    Allotment of resources and goods through tradition or brute force will most probable outcome in: (i) Inadequately low production. (ii) Equivalent income distributions. (iii) Democratic resource allocation. (iv) Production possibilities growth.

  • Q : Explain about market buyers A buyers’

    A buyers’ market is a market in that: (w) queuing to secure goods is common. (x) the current market price is below equilibrium. (y) demand exceeds supply. (z) several sellers experience surpluses. I need a go

  • Q : Market adjustments change equilibrium

    A movement along the demand curve for a good would be caused through changes within: (1) preferences and tastes. (2) costs for productive resources. (3) supply which change the equilibrium price of the good. (4) expectations regarding future prices.

  • Q : Function to organizing productive

    Can someone explain me with best solution regarding problem of organizing productive resource and innovating new products... Organizing another productive resource, innovating new products and production methods, and willingness to

  • Q : Socialism-ownership of non-human

    Can someone please help me in finding out the right answer from the following question. A faith that most of the nonhuman resources must be owned, not by the private individuals, however instead ‘by everyone’ in common, with the govt. as t