economic efficiency

Frequency: 8.014.9 per million words

a situation where nothing can be improved without something else being hurt

efficiencyADJECTIVE + NOUN

Categories:

economic

Examples (10)

  • Free markets are often said to promote economic efficiency.
  • The government's new policies aim to improve the country's overall economic efficiency.
  • The study analyzes the impact of deregulation on economic efficiency in the telecommunications sector.
  • Monopolies can lead to a significant loss of economic efficiency by reducing competition.
  • How can we measure the economic efficiency of a public transportation system?
  • Achieving perfect economic efficiency is a theoretical ideal that is rarely met in reality.
  • The report compared the economic efficiency of state-owned enterprises with that of private companies.
  • By allocating resources to where they are most valued, we can maximize economic efficiency.
  • The economist argued that the previous tax system hindered economic efficiency.
  • A key debate among policymakers is the trade-off between social equity and economic efficiency.