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The government oversees the production of goods and services. (A+)

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Q: What describes the efficiency function of economics?
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What best describes the efficiency function of economics?

The government oversees the production of goods and services


What Best describes the goal of economics efficiency?

achieving full employment


What economics term describes the rate at which products are manufactured?

efficiency-------------- its not that. i have to say that it is " Productivity"


Economics can best describe as the study of?

Economic efficiency describes how well a system generates desired output.


What does efficiency mean in economics?

In economics, efficiency means the overall use of resources. The overall use of resources can help maximize the production of the goods. In turn, the potential to make more money is there.


In the game of economics workers are the players who function as both producers and?

In the game of Economics, workers are the players who function as both producers and _consumers_


In the game of economics workers are the players who function as producers and?

In the game of Economics, workers are the players who function as both producers and _consumers_


What is efficiency in economics?

Productive efficiency (also known as technical efficiency) occurs when the economy is utilizing all of its resources efficiently, producing most output from least input


In the game of economics workers are the players function as both producers and?

In the game of Economics, workers are the players who function as both producers and _consumers_


What has the author Sajal Kumar Chattopadhyay written?

Sajal Kumar Chattopadhyay has written: 'ECONOMICS OF NURSING HOME CARE IN CONNECTICUT: FINANCING, COST AND EFFICIENCY' -- subject(s): Economics, General, Economics, Theory, General Economics, Theory Economics


What best describes capital?

The separation of economics and state


What is productive efficiency in economics?

Productive efficiency (also known as technical efficiency) occurs when the economy is utilizing all of its resources efficiently, producing most output from least input