Productive efficiency/Definition: Difference between revisions
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The efficiency with which inputs are combined in the production of an output (see [[economic efficiency]]). | The efficiency with which inputs are combined in the production of an output (see [[economic efficiency]]). | ||
Latest revision as of 00:01, 23 May 2008
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Productive efficiency [r]: The efficiency with which inputs are combined in the production of an output (see economic efficiency).