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EFFICIENCY meaning in the Cambridge English Dictionary.
business / economic / operational efficiency. achieve/boost/improve efficiency The company invested substantial amounts of money upgrading the plant, and its workers agreed to flexible work rules that boosted efficiency. improved / increased / greater efficiency. efficiency gains / improvements / savings.
Efficiency Definition.
No set threshold determines the effectiveness of an economy, but indicators of economic efficiency include goods brought to market at the lowest possible cost and labor that provides the greatest possible output. Market efficiency describes how well prices integrate available information.
Efficiency Wikipedia.
Market efficiency, the extent to which a given market resembles the ideal of an efficient market. Pareto efficiency, a state of its being impossible to make one individual better off, without making any other individual worse off. Kaldor-Hicks efficiency, a less stringent version of Pareto efficiency.
What is efficiency? definition and meaning
Use efficiency in a Sentence. The efficiency of the production of cars was greatly improved by Henry Ford and his development of the assembly line, in which each worker performed a specific operation and then sent the car to the next worker.
Efficiency Definition of Efficiency by Merriam-Webster.
Keep scrolling for more. Learn More about efficiency. Post the Definition of efficiency to Facebook Share the Definition of efficiency on Twitter Time Traveler for efficiency. The first known use of efficiency was in 1633. See more words from the same year.
efficiency Wiktionary.
The manner of this divine efficiency being far above us. The extent to which a resource, such as electricity, is used for the intended purpose; the ratio of useful work to energy expended. Antonyms: inefficiency, wastefulness. The efficiency of this loudspeaker is 40%.

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