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"Efficiency" in this case means that an economic asset can generate returns which exceed its costs.
by eli_gottlieb 10y ago
"Efficiency" in this case means that an economic asset can generate returns which exceed its costs.
- mirimir 10y agoYes. And said costs include negative externalities that I mentioned.
- Turing_Machine 10y agoWhy don't individual apartments have more "negative externalities" than a room full of bunks?