Economic efficiency - Definition and Overview
Related Words:
Address
,
Adept
,
Artistry
,
Availability
,
Caliber
,
Capability
,
Capacity
,
Command
,
Control
,
Craft
There are several measures of
economic efficiency
:
Pareto efficiency
Kaldor-Hicks efficiency
X-efficiency
Allocative efficiency
For applications of these principles see:
Efficient market hypothesis
Welfare economics
Production theory basics
See also
Business efficiency
Inefficiency
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