What is efficient technique of productions

1.	What is efficient technique of productions
Answer» Explanation: Efficiency in production means efficiency of inputs involved in the production process. Technically, if MARGINAL PRODUCT of an input increases due to INTRODUCTION of new technology or otherwise,it ADDS more to total product and we say that efficiency in production has increased.

Answer»

Explanation:

Efficiency in production means efficiency of inputs involved in the production process. Technically, if MARGINAL PRODUCT of an input increases due to INTRODUCTION of new technology or otherwise,it ADDS more to total product and we say that efficiency in production has increased.

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What is efficient technique of productions

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