What Does Production Efficiency Mean? 1. An economic level at which the economy can no longer produce additional amounts of a good without lowering the production level of another product. This will happen when an economy is operating along its production possibility frontier.2. The ability to produce a good using the fewest resources possible. Efficient production is achieved when a product is created at its lowest average total cost. http://www.investopedia.com/terms/p/production_efficiency.asp Labor productivity, for example, is typically measured as a ratio of output per labor-hour, an input. Productivity may be conceived of as a measure of the technical or engineering efficiency of production http://en.wikipedia.org/wiki/Productivity Нужно больше контекста, чтобы понять, что именно вам надо
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