technical efficiency is related to change in output due to change in input and economic efficiency refers to a number of related concepts.
no difference
•Technical efficiency. A firm (or industry) products at lowest point where AC crosses MC.•Allocativeefficiency. P = MC = MR. Satisfaction is represented by demand curve. DD = SS. Equilibrium.
What is the difference between economic and non economic activities.?
the diifference between a political revolution and an economic revolution
the difference history of economic and history of economic thought
no difference
•Technical efficiency. A firm (or industry) products at lowest point where AC crosses MC.•Allocativeefficiency. P = MC = MR. Satisfaction is represented by demand curve. DD = SS. Equilibrium.
what is the difference between technical and financial proposal
The technical difference is that speed has no direction but velocity has one.
What is technical difference between colorimeter and turbiditymeter
Difference is so much more meaningless than it is technical, imho
What is the difference between economic and non economic activities.?
nothing
EFF1 is a high efficiency motor. EFF2 is a standard efficiency motor.
No, the efficiency lies in the suction and brush types.
The different between them is that the word economics and economic.
the diifference between a political revolution and an economic revolution