Efficiency can be defined as the amount of resources used to produce a product or service.

Name: Efficiency can be defined as the amount of resources used to produce a product or service.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Efficiency is commonly measured by how much input (such as time, money, or materials) is needed to produce a given output (such as a unit of product or service). Therefore, it can be defined as the amount of resources used to produce a product or service.

Efficiency Can Be Defined as the Amount of Resources Used