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allocative efficiency

Refers to whether or not an allocation is efficient. A change from an allocation that is not efficient, to one that is, may be termed an "increase" in allocative efficiency.

Related information about allocative efficiency:
  1. Allocative efficiency - Wikipedia, the free encyclopedia
    Allocative efficiency is a type of economic efficiency in which economy/producers produce only those types of goods and services that are more desirable in the ...
     
  2. Allocative Efficiency | Economics Help
    Definition: Allocative efficiency occurs when there is an optimal distribution of goods and services. This involves taking into account consumer's preferences.
     
  3. Allocative Efficiency and Marginal Benefit | Microeconomics | Khan ...
    In terms of opportunity cost to the consumer. For a real-world example, it would cost you, say, $400 to buy an ipad. If you were to try to make it yourself, it would ...
     
  4. Tutor2u - Economic Efficiency
    Pareto defined allocative efficiency as a situation where no one could be made better off without making someone else at least as worth off. Under monopoly, a ...
     
  5. What is allocative efficiency in perfect competition? - Business ...
    Dec 6, 2009 ... Business - What is allocative efficiency in perfect competition?
     
  6. Allocative Efficiency vs. "X-Efficiency" Harvey Leibenstein
    microeconomic theory focuses on allocative efficiency to the exclusion of other types ... In Section I the empirical evidence on allocative efficiency is pre- sented.
     
  7. Microeconomics - 14: More on allocative efficiency! - YouTube
    Oct 28, 2011 ... Production efficiency, allocative efficiency, marginal benefit, marginal cost, production possibilities frontier. Holy moly, so much graphs!
     
  8. The efficiency of firms
    Allocative efficiency occurs when consumers pay a market price that reflects the ... The condition for allocative efficiency for a firm is to produce an output where ...