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

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased.b. the company's times interest earned ratio decreased.c. the company's basic earning power ratio increased.d. the company's equity multiplier increased.e. the company's debt ratio increased.