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Concept information

Preferred term

efficiency  

Definition

  • Efficiency is the ratio of outputs to inputs in a system, whether that is benefits to costs, results to effort, or action to energy. Economic efficiency is satisfied when an activity's benefits exceed its costs; or, stated otherwise, the ratio of benefits divided by costs is greater than one. [Source: Encyclopedia of Environment and Society; Efficiency]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-NPL83TFG-6

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