Asked by Sophony Henri on May 04, 2024
Verified
Efficiency addresses the best way to achieve a goal once it has been determined.
Efficiency
The extent to which time, effort, or cost is well used for the intended task or purpose.
- Acquire an understanding of the principle of efficiency and its relevance in economic studies.
Verified Answer
DA
diona ameliaMay 10, 2024
Final Answer :
True
Explanation :
Efficiency is the measure of how well or quickly a goal can be accomplished, once the goal has been determined.
Learning Objectives
- Acquire an understanding of the principle of efficiency and its relevance in economic studies.
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