Economic Efficiency
N. (Normurodova) ZarinaStudent of Karshi state university
Nelitirepositoryen
ABI
Abstract
Economic efficiency is when all goods and factors of production in an economy are distributed or allocated to their most valuable uses and waste is eliminated or minimized. A system is considered economically efficient if the factors of production are used at a level at or near their capacity.
Citations and references
Cited by 00 references