0 a situation in which a company or a particular machine produces the largest possible number of goods with the time, materials, or labour that it has available:
In the long term, this construction has potential advantages in terms of durability (the ability to learn), as well as in terms of governance (transparency) or x-efficiency (social cost-awareness).
One of his most important contributions to economics was the concept of x-efficiency.
In economics, x-efficiency is the effectiveness with which a given set of inputs are used to produce outputs.
