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Efficiency in production involves?
Question 1
Report
Efficiency in production involves?
reducing the size of the workforce
producing a given output with the lowest cost combination of factors of production
adoption of capital-intensive technology
increasing the quantity of the fixed factor of production
Answer Details
Read lesson note on Factors Of Production And Their Theories (JAMB)
Read lesson note on Theory Of Production (WAEC)
Read lesson note on Market Structures (WAEC)
Factors Of Production And Their Theories
Theory Of Production
Market Structures
View Answer