q what is economic efficiencyeconomic
Q. What is Economic efficiency?
Economic efficiency Explain a situation where the total value of the end uses, to which the resources are put, is maximised. A consequence is that all resources will be put to their highest value uses.
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q what do you mean by costscostssection 56 of the environment act describes costs as including lsquocosts to any person and costs to the environment
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economic appraisal - appraisal which seeks to quantify and where possible calculate the welfare impacts from the costs and benefits of a project or
q what is economic efficiencyeconomic efficiencyexplain a situation where the total value of the end uses to which the resources are put is maximised
economic instrumentsfinancial rewards incentives and penalties that operate automatically via market forces to encourage beneficial
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how do i calculate how much the gorverment should spend if the mpc is 08 and 200million is requered to reach full employment
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