X-Inefficiency: Unlocking the Secrets of X-Inefficiency, Your Guide to a More Efficient Economy

· Economic Science Book 482 · One Billion Knowledgeable
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About this ebook

What is X-Inefficiency

The term "X-inefficiency" is a notion that is utilized in the field of economics to describe situations in which businesses have internal inefficiency, which ultimately leads to greater production costs than are necessary for a specific output. This inefficiency is the consequence of a number of causes, including inefficient production processes, outdated technology, poor management, and a lack of competition, which ultimately leads to reduced profitability and higher pricing for customers. Harvey Leibenstein is the one who first presented the idea of X-inefficiency.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: X-inefficiency


Chapter 2: Economies of scale


Chapter 3: Microeconomics


Chapter 4: Monopoly


Chapter 5: Oligopoly


Chapter 6: Perfect competition


Chapter 7: Index of economics articles


Chapter 8: Profit maximization


Chapter 9: Yield (finance)


Chapter 10: Efficiency


Chapter 11: Marginal cost


Chapter 12: Production-possibility frontier


Chapter 13: Production function


Chapter 14: Allocative efficiency


Chapter 15: Managerial economics


Chapter 16: Isoquant


Chapter 17: Productive efficiency


Chapter 18: Stochastic frontier analysis


Chapter 19: Production (economics)


Chapter 20: Profit (economics)


Chapter 21: Monopoly price


(II) Answering the public top questions about x-inefficiency.


(III) Real world examples for the usage of x-inefficiency in many fields.


Who this book is for


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of X-Inefficiency.

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