UGC NET
Sajitha C Asked a Question
September 14, 2020 12:08 pmpts 30 pts
  • UGC NET
  • Management

If 100% scale efficient plant has 90% technical efficiency and 85% allocative-efficiency, then its overall efficiency will be:

if 100% scale efficient plant has 90% technical efficiency and 85% allocative-efficiency, then its overall efficiency will be:
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  • Kalai thankyou
    Allocative efficiency (an economic concept) refers to how different resource inputs are combined to produce a mix of different outputs. Technical efficiency on the other hand is co...
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