Productive efficiency is apprehensive with producing goods and services with the finest arrangement of inputs to make utmost output for the lowest cost. Productive efficiency is an economic stage at which the economy can no longer make other amounts of a good without lowering the production stage of another product. This will occur when an economy is working along its production possibility limit. Productive efficiency occurs when assembly of one good is achieved at the lowest reserve rate feasible, given the stage of production of the further goods.
More Post
-
Conjunctivitis
-
Explain Symptoms of Protein Deficiency
-
Big Data Analysis Reveals Great Concerns But Also Opportunity for the Future of the Environment
-
Anodizing – an electrolytic passivation process
-
Cyanotoxins – toxins that produced by bacteria
-
Report on Analysis of Credit Card and Debit Card of National Bank Limited
Latest Post
-
Silver Laurate – an inorganic compound
-
Potassium Laurate – a metal-organic compound
-
New Vaccination against Cervical Cancer combines Preventive and Therapeutic Activity
-
Precision Treatment improves Survival in Metastatic Prostate Cancer
-
Manganese Laurate – a metal-organic compound
-
Magnesium Laurate – a metal-organic compound