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:
- 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 ...
- 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.
- 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 ...
- 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 ...
- What is allocative efficiency in perfect competition? - Business ...
Dec 6, 2009 ... Business - What is allocative efficiency in perfect competition?
- 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.
- 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!
- 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 ...