Answer to Question #66060 in Macroeconomics for Adriana

Question #66060
Explain how optimal efficiency is reached and why a company would want to do so.
1
Expert's answer
2017-03-08T08:58:06-0500
Optimal efficiency for a company means taking the greatest benefit from the least production resources. A company would want to reach optimal efficiency because this minimizes its spending on resources and thus increases financial benefit with the same amount of manufactured product.

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