| 单词 | x-inefficiency |
| 释义 | x-inefficiency noun[U] ECONOMICS,PRODUCTIONukusasituationin which acompanyor aparticularmachinefailstoproducethelargestpossiblenumberofgoodswith thetime,materials, orlabourthat it hasavailable: The company's x-inefficiency and highpricesaremainlytheresultof alackofcompetitionin themarket. See also technical inefficiency Compare x-efficiency x-inefficientadjective Firmsproducingbelowpotentialareassumedto be x-inefficient. Examplesofx-inefficiencyx-inefficiency X-inefficiencyonly looks at the outputs that are produced with given inputs. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.X-inefficiency, however tends to increase average costs causing further divergence from the economically efficient outcome. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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