Efficient is an adjective that describes something that is performing in the best possible way, or is very economical. Effect is a noun that is the result of a cause or an illusion.
Examples: 1) Her new appliances are very energy efficient. 2a) Driving for long periods of time gives John the effect of drowsiness. 2b) The special effects in the movie Avatar were amazing.
Income effect-change in the amount that consumers will buy because their income changed.substitution effect-change in the amount that consumers will buy because they purchase goods instead.substitution effect the change in demand for a good when the relative price between a good and its substitute changes. income effect the change in demand for a good when the income of the consumer change.
The Hicks substitution effect keep utility constant rather than keeping pur- chasing power constant.
It makes the economy stronger and more efficient.
what is the difference between approval and endorsement
what is the difference between an auction and a tender
nothing
the difference between inotropic and cronotropic is.. Inotropic and CROnotropic
Efficient is somethings that we do with a good arrangement in terms of time, capability, skills and knowledge. For example, that company is efficient in organizing a seminar.
The treatment effect is the difference between the observed outcome and the "normal" outcome
The treatment effect is the difference between the observed outcome and the "normal" outcome
0 what are characteristics of efficient market hypothesis?
The treatment effect is the difference between the observed outcome and the "normal" outcome
The effective management fires for the slightest infraction; the efficient management cuts pay at every opportunity.
A result is what you get from doing something. An effect is what happens because of that result.
No, this will not make an environmental difference. What you'll really want to look at is how efficient the dryers are. The more efficient they are, the smaller impact they will have on the environment.
Effect is what it changes or causes the subject to do. Effectiveness is how likely the effect will cause these changes in the subject.
An effective teacher achieves desired learning outcomes and fosters student understanding through various teaching strategies. An efficient teacher is able to achieve these outcomes in a timely manner, using resources and time effectively. Ideally, a teacher should strive to be both effective and efficient in order to maximize student learning.