Productive efficiency in economics is a concept that refers to the optimal combination of inputs to produce a given output. It is the most efficient way to produce a given output, meaning that it produces the most output with the least amount of inputs. Productive efficiency is achieved when an economy is producing at its lowest possible cost. This means that it is producing the maximum output with the least amount of resources, such as labor, capital, and raw materials. Productive efficiency is important because it allows an economy to produce more goods and services with fewer resources, leading to greater economic growth and prosperity. In addition, it can help reduce the cost of production, making goods and services more affordable for consumers. Productive efficiency is also important for businesses, as it allows them to maximize their profits by producing more with fewer resources. Ultimately, productive efficiency is a key factor in the success of any economy, as it helps to ensure that resources are used in the most efficient manner possible.