词汇 | x-inefficiency |
释义 | x-inefficiency noun[ U ] ECONOMICS, PRODUCTIONukus a situation in which a company or a particular machine fails to produce the largest possible number of goods with the time, materials, or labour that it has available: The company's x-inefficiency and high prices are mainly the result of a lack of competition in the market. See also technical inefficiency Compare x-efficiency x-inefficientadjective Firms producing below potential are assumed to be x-inefficient. Examples of x-inefficiencyx-inefficiency X-inefficiency only looks at the outputs that are produced with given inputs. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. X-inefficiency, however tends to increase average costs causing further divergence from the economically efficient outcome. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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