IDNStudy.com, ang perpektong platform para sa eksaktong at mabilis na mga sagot. Magtanong at makatanggap ng eksaktong sagot mula sa aming mga bihasang miyembro ng komunidad.

what is economic efficiency?

Sagot :


ECONOMIC EFFICIENCY ---> it refers to the process wherein resources are maximized to generate more productive value than they use.

A great example of this is when a country is considered to be economically efficient if it uses its resources to provide products and services for its citizens that exceed the value of the resources themselves.