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Economics A Level (DONEEEEEEE)
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Pregunta:
What is X-Efficiency?
Autor: eric_galvaoRespuesta:
-How Well a Firm can Lower its Costs down (Organisational Slack) -Productions Costs can possibly be Reduced at the same Level of Production. -X-efficiency is Caused by Misusing Factors of Production (Too Much Labour) or by Paying too much (high Wages)
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eric_galvao