Register
What is efficiency? in economics ? but only good answers.
40.1k views
4 votes
What is efficiency? in economics ? but only good answers.

User Hasibur Rahman
by
8.4k points

2 Answers

6 votes
Economic efficiency is roughly speaking,a situation in which nothing can be improved without something else being hurt.
User Dominique Vial
by
8.2k points
6 votes
The resources of an economy are useful when satisfying the needs and wants of the people.
User Vchitta
by
8.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was the boy who  became king at the age of 9?
Why did people immigrate to the United States in the late 1800s?
In the peaceful period of the Middle Kingdom, what area of culture thrived?
''Life in a city is more rewarding than life outside a city."List two or three arguments in favor of this opinion and two or three arguments opposing this opinion
What are the advantages and disadvantages of globalization
Link Copied!