technical inefficiency
Definition
Situation where it is possible for a firm, with the given know how, to produce (1) a larger output from the same inputs, or (2) the same output with less of one or more inputs without increasing the amount of other inputs. See also technical efficiency.
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technical inefficiency is in the Economics, Politics, & Society subject.
technical inefficiency appears in the definition of the following term: technical efficiency
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http://www.businessdictionary.com/definition/technical-inefficiency.html