![What is meant by an inefficient firm in economic theory? What is meant by an inefficient firm in economic theory?](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
What is meant by an inefficient firm in economic theory?
An inefficient firm is a firm that operate at high cost of production. Or it is a firm that may not be in position to meet its running costs.
CATEGORIES Economics
TAGS Dr. Bbosa Science
An inefficient firm is a firm that operate at high cost of production. Or it is a firm that may not be in position to meet its running costs.