24) A firm is productively efficient when: A) it is producing its product or service at the lowest unit cost that it can

B) it is selling at the lowest price possible

C) it has the highest labor productivity that it can

D) it is making what its customers want

25) The role of quality in limiting a firm's product liability is illustrated by:

A) ensuring that contaminated products such as impure foods do not reach customers

B) ensuring that products meet standards such as the Consumer Product Safety Act

C) designing safe products to limit possible harm to consumers

D) using processes that make products as safe or as durable as their design specifications call for

E) All of the above are valid.