Productive efficiency definition

Productive efficiency means that products and services are produced at the lowest possible cost, given the available resources. As mentioned above, the prospect of no longer having the common costs of the termination product covered will increase the focus on cost control and cost efficiency, as providers will have to have these costs covered by their own end users. In addition, symmetric termination rates will mean that no operators will be compensated for any higher costs than their competitors, entailing that all operators will have an incentive to produce efficiently.

Productive efficiency means that the costs of production are minimized.

Productive efficiency. , which means that the costs of production are minimised;

Examples of Productive efficiency in a sentence

• Productive efficiency will be promoted by an access price that allows for the more efficient sources of supply to displace the less efficient.

• Productive efficiency, as measured by load factors, is found to be 0.5-5 percent lower for joint venture routes compared to routes operated under antitrust immunity only.

• Under conditions of perfect competition, allocative efficiency is ensured because price and marginal cost are equal.48 • Productive efficiency exists where, in conditions of perfect competition, goods and services are produced at the lowest cost possible, meaning that as little of society’s resources are used as possible in the production process.49 For example, firms with 46 Ibid, para 293: “BA cannot accuse the Commission of failing to demonstrate that its practices produced an exclusionary effect.

• Productive efficiency of english football teams, a data envelopment analysis approach.

• UNIT I INTRODUCTIONThe themes of economics – scarcity and efficiency – three fundamental economic problems– society’s capability – Production possibility frontiers (PPF) – Productive efficiency Vs economic efficiency – economic growth & stability – Micro economies and Macro economies– the role of markets and government – Positive Vs negative externalities.

• Productive efficiency focuses on a decrease in the production costs, which can be achieved by a proper management and the right incentives.

• Productive efficiency means the attainment of a production goal without a waste.

• Productive efficiency results from enhanced information sharing, employee satisfaction and morale which arise from participation.

• Productive efficiency requires not only that each firm be adept at its own set of tasks, but that the firms effectively coordinate their activities and share information.

• Productive efficiency and the Australian local government grants process: an empirical analysis of New South Wales local government." Australasian Journal of Regional Studies 6.1 (2000): 95-121.

More Definitions of Productive efficiency

Productive efficiency means a measure of a company‟s ability to either maximise outputs from a given set of inputs, or to produce a given outputs with a minimal set of inputs;

Productive efficiency means that the costs of production are minimised;