X inefficiency refers to a situation in which a firm

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X-inefficiency refers to a situation in which a firm: is not as
technologically progressive as it might be. encounters diseconomies
of scale. fails to realize all existing economies of scale. fails
to achieve the minimum average total costs attainable at each level
of output.

Answer

OPTION D

For a firm, inefficiency refers to a situation in which a firm
fails to achieve the minimum average total costs attainable at each
level of output.

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