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Definitions for "Productive efficiency"
Keywords:  ppf, precondition, minimum, minimised, output
Related Terms: Total factor productivity, Production possibilities frontier, Economies of scope, Economic efficiency, Output, Efficient consumer response, Allocative efficiency, Ecr, Factors of production, Industrial, Economy, Inputs, Continuous replenishment, Industry, Production possibilities curve, Heijunka, Just in time, Industry, Quick response, Cost leadership, Manufacturing, Lean production, Products, Just-in-time, Comparative advantage, Industrial production, Production, Production, Economies of scale, Manufacturability, Value added, Co-production, Economy of scale, Production, Vertical integration, Aggregate supply, Product differentiation, Economic dispatch, Toyota production system, Lean manufacturing, Direct product profitability, Industrial production index, Technology, Market failure, Dpc, Supply chain, Extended producer responsibility, Microeconomics, Product stewardship
any given level of output is produced at minimum cost.
abc.net.au
Occurs where each firm in the industry carries out its activities at minimum cost and when activities are distributed between firms such that industry-wide costs are minimised.
med.govt.nz
when each firm in the industry carries out its activities at minimum cost, and when activities are distributed between firms in a way that minimises industry-wide costs.
teleinquiry.govt.nz
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