Efficiency

Productive efficiency: no additional output of one good can be obtained without decreasing the output of another good, and production proceeds at the lowest ...

Economic efficiency is attained when economies distribute resources in a manner that maximizes benefits and eliminates waste. An example is reducing production ...

efficiency, in economics and organizational analysis, a measure of the input a system requires to achieve a specified output.

由 P Heyne 著作 — To economists, efficiency is a relationship between ends and means. When we call a situation inefficient, we are claiming that we could achieve the desired ...

Efficiency is a level of performance that uses the lowest amount of inputs to create the greatest amount of outputs. Learn how to calculate efficiency.

In the demand and supply model, efficiency means that the economy is getting as much benefit as possible from its scarce resources and all possible gains from ...

由 S Palmer 著作 · 1999 · 被引用 549 次 — Efficiency is concerned with the relation between resource inputs (costs, in the form of labour, capital, or equipment) and either intermediate outputs (numbers ...