{"version":"1.0","type":"link","title":"Productive efficiency - Newikis","description":"In microeconomic theory, productive efficiency (or production efficiency) is a situation in which the economy or an economic system (e.g., bank, hospital, industry, country) operating within the constraints of current industrial technology cannot increase production of one good without sacrificing…","provider_name":"Newikis","provider_url":"https://newikis.com","cache_age":86400,"thumbnail_url":"https://thumb.wikimedia.org/wikipedia/commons/thumb/6/67/Production_Possibilities_Frontier_Curve.svg/1200px-Production_Possibilities_Frontier_Curve.svg.png","thumbnail_width":1200,"thumbnail_height":1213}