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    Productive Efficiency: Mastering Productive Efficiency, The Key to Informed Decisions and Prosperous Futures
    Productive Efficiency: Mastering Productive Efficiency, The Key to Informed Decisions and Prosperous Futures
    Productive Efficiency: Mastering Productive Efficiency, The Key to Informed Decisions and Prosperous Futures
    Ebook237 pages2 hours

    Productive Efficiency: Mastering Productive Efficiency, The Key to Informed Decisions and Prosperous Futures

    By Fouad Sabry

    ()

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    About this ebook

    What is Productive Efficiency


    According to the theory of microeconomics, productive efficiency refers to a situation in which the economy or an economic system that is operating within the restrictions of the current industrial technology is unable to expand production of one good without sacrificing production of another good. In layman's words, the idea is depicted on a production possibility frontier (PPF), which is a curve in which every point on the curve represents a point of productive efficiency. There is a possibility that an equilibrium could be productively efficient without also being allocatively efficient. This means that it could lead to a distribution of products that does not maximize the welfare of the community.


    How you will benefit


    (I) Insights, and validations about the following topics:


    Chapter 1: Productive efficiency


    Chapter 2: Microeconomics


    Chapter 3: Growth accounting


    Chapter 4: Economic efficiency


    Chapter 5: Profit maximization


    Chapter 6: Efficiency


    Chapter 7: X-inefficiency


    Chapter 8: Production-possibility frontier


    Chapter 9: Production function


    Chapter 10: Productivity


    Chapter 11: Welfare economics


    Chapter 12: Allocative efficiency


    Chapter 13: Data envelopment analysis


    Chapter 14: Returns to scale


    Chapter 15: Total factor productivity


    Chapter 16: Stochastic frontier analysis


    Chapter 17: Production (economics)


    Chapter 18: Productivity model


    Chapter 19: Marginal product


    Chapter 20: Michael James Farrell


    Chapter 21: Robin Sickles


    (II) Answering the public top questions about productive efficiency.


    (III) Real world examples for the usage of productive efficiency in many fields.


    Who this book is for


    Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Productive Efficiency.

    LanguageEnglish
    PublisherOne Billion Knowledgeable
    Release dateFeb 4, 2024
    Productive Efficiency: Mastering Productive Efficiency, The Key to Informed Decisions and Prosperous Futures

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