0
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.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What describes the efficiency function of economics?
The government oversees the production of goods and services. (A+)
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
Definition of health economics?
Health economics is the studying of health as a whole and behaviors that affect our health. Efficiency in programs, effectiveness at getting the results desired, these are something's that concern this branch of economics.
In economics what is a situation where the goal of efficiency is being met?
When you do something with as little waste as possible.
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 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
What economics term describes the rate at which products are manufactured?
efficiency-------------- its not that. i have to say that it is " Productivity"
What describes the efficiency function of economics?
The government oversees the production of goods and services. (A+)
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 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
Health economics can be defined as?
is a branch of economics concerned with issues related to efficiency, effectiveness, value and behavior in the production and consumption of health and healthcare.
Definition of health economics?
Health economics is the studying of health as a whole and behaviors that affect our health. Efficiency in programs, effectiveness at getting the results desired, these are something's that concern this branch of economics.
In economics what is a situation where the goal of efficiency is being met?
When you do something with as little waste as possible.
What best describes the efficiency function of economics?
The government oversees the production of goods and services
Which of thes is most closely related to the theme of economics?
"Scarcity and Efficiency" is an example of a theme that is closely related to the theme of economics. Economics is the social science that satisfies the unlimited wants with very scarce resources.Ê
What has the author Kenneth Gillingham written?
Kenneth Gillingham has written: 'Energy efficiency economics and policy'
