Allocative efficiency/Definition: Difference between revisions
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imported>Nick Gardner (New page: The efficiency with which available resources are allocated between the production of alternative combinations of products.) |
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The efficiency with which available resources are allocated between the production of alternative combinations of products. | The efficiency with which available resources are allocated between the production of alternative combinations of products (see [[economic efficiency]]). | ||
Revision as of 11:46, 16 April 2008
The efficiency with which available resources are allocated between the production of alternative combinations of products (see economic efficiency).