Get premium membership and access questions with answers, video lessons as well as revision papers.

State three components of economic efficiency

      

State three components of economic efficiency.

  

Answers


KevinNyabute
1. Allocative efficiency
2. Technical efficiency
3. Full employment
kevinnyabute answered the question on February 22, 2018 at 09:51


Next: Define the term economic policy as used in microeconomics
Previous: State the assumptions necessary to represent production possibilities in a simple production possibilities curve model

View More Economics Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions