no difference
technical efficiency is related to change in output due to change in input and economic efficiency refers to a number of related concepts.
•Technical efficiency. A firm (or industry) products at lowest point where AC crosses MC.•Allocativeefficiency. P = MC = MR. Satisfaction is represented by demand curve. DD = SS. Equilibrium.
effectiveness refers to the ability to produce the desired results. efficiency refers to the correctness of the produced result ex; effectiveness is like making an engine of high performance and efficiency is like the extent to which it works and reach the goal of the manufacture
In economics, efficiency and productivity relate to the making of products, both goods and services. Productivity represents the amount of output compared to the effort put into the production of that good. Efficiency on the hand means the amount of time spent in doing the same thing.
Business companies often measure productivity by the output produced during a specified time period. Efficiency, on the hand, relates to the quality of work in creating output with less waste and using fewer resources.
technical efficiency is related to change in output due to change in input and economic efficiency refers to a number of related concepts.
what is the difference between technical and financial proposal
The technical difference is that speed has no direction but velocity has one.
What is technical difference between colorimeter and turbiditymeter
•Technical efficiency. A firm (or industry) products at lowest point where AC crosses MC.•Allocativeefficiency. P = MC = MR. Satisfaction is represented by demand curve. DD = SS. Equilibrium.
Difference is so much more meaningless than it is technical, imho
nothing
EFF1 is a high efficiency motor. EFF2 is a standard efficiency motor.
No, the efficiency lies in the suction and brush types.
The difference between christian medical college and a technical school is at a christian medical college, it is for christians and people trying to be doctors. Technical school is for people who want to do something that involves technology.
aa
The difference between technical writing and composition writing is that the technical writing deals with writing off on the basis of rules that must be thoroughly proofread, while composition writing deals with writing from your imagination, with no guidelines or rules.