In order to satisfy as many wants as possible it is necessar

In order to satisfy as many wants as possible, it is necessary to achieve PRODUCTIVE efficiency a, since otherwise resources are idle. b. since it would be impossible to produce more of one thing without producing less of another. c. since otherwise output may go to where it is less valued.

Solution

Option B is correct.

In order to satisfy as many wants as possible of consumers,it is necessary to achieve productve efficiency.

As productive efficiency is achieved by producing more and more goods and services.

And it aims to produce maximum out put for minimum cost.

If an Economic has to be productively efficient it is impossible to produce more of one thing with out producing less of another.