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bn:03251266n
Noun Concept
Categories: Price controls, Corporate development
EN
allocative efficiency  allocative inefficiency  Optimum allocation  P=mc
EN
Allocative efficiency is a state of the economy in which production is aligned with consumer preferences; in particular, the set of outputs is chosen so as to maximize the wellbeing of society. Wikipedia
Definitions
Relations
Sources
EN
Allocative efficiency is a state of the economy in which production is aligned with consumer preferences; in particular, the set of outputs is chosen so as to maximize the wellbeing of society. Wikipedia
IS A
economic efficiency
Wikipedia
EN
allocative efficiency
Wikidata
EN
allocative efficiency
Wikipedia Redirections
EN
allocative inefficiency, Optimum allocation, P=mc

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