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Earn +20 ptsQ: What is efficiency measured in?
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What is efficiency effectiveness?
Efficiency effectiveness can only be measured by results; cost efficiency, time efficiency, output efficiency, etc.
What is the efficiency wage model?
efficiency wage
Which of the following statements are true about productive and allocative efficiency society can achieve either productive efficiency or allocative efficiency but not simultaneously?
society can achieve either productive efficiency or allocative efficiency, but not both simultaneously
What is primary efficiency?
it's the Primary part of the efficiency.
Is a measure of what is produced divided by what is consumed?
Efficiency
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