Definition of x-efficiency

What is X Efficiency?

Definition of X Efficiency It is the ability of a company to get maximum output from its input. These inputs can number of employees, machines etc. Explanation of X Efficiency Competition between firms will act as an incentive to increase efficiency and make sure firms use best combination of factor inputs. Firms compete under conditions […]
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Definition of -xcd

What is XCD?

Definition of XCD XCD is the currency abbreviation for Eastern Caribbean Dollar. Explanation of XCD This XCD is used as an official currency for eight countries who are members and associate members of the Organization of Eastern Caribbean States (OECS) except for the British Virgin Islands. States included are; Anguilla, Antigua and Barbuda, Dominica, Grenada, […]
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