CHOISE ONLY 12

Suppose, the production method of Apple Corporations is characterized by zero wastage. Accordingly, it is not possible for the company to increase the level of production without increasing the input level. In your opinion, at what level of production the company is?

a.

At cost effective level of production

b.

At marginal level of production

c.

At technologically efficient level of production

d.

At economically efficient level of production