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Efficiency - Wikipedia Efficiency is the often measurable ability to avoid making mistakes or wasting materials, energy, efforts, money, and time while performing a task In a more general sense, it is the ability to do things well, successfully, and without waste
EFFICIENCY Definition Meaning | Dictionary. com EFFICIENCY definition: the state or quality of being efficient, or able to accomplish something with the least waste of time and effort; competency in performance See examples of efficiency used in a sentence
efficiency - Wiktionary, the free dictionary efficiency (countable and uncountable, plural efficiencies) The extent to which a resource is used for the intended purpose antonyms quotations Antonyms: inefficiency, wastefulness
The Significance of “Getting Cheaper” Efficiency The question is “why do products get cheaper?” He calls this process of “getting cheaper” efficiency The impressive thing about this book is that Potter takes the concept of efficiency, which is central to much of microeconomic analysis, and asks the question that economists never ask: how do processes become more efficient?
Efficiency Definition Meaning | Britannica Dictionary EFFICIENCY meaning: 1 : the ability to do something or produce something without wasting materials, time, or energy the quality or degree of being efficient (technical); 2 : efficiency apartment