Who offered the definition of economics based on efficiency ?
Answers
Answer:
Economic efficiency is a broad term typically used in microeconomics in order to denote the state of best possible operation of a product or service market. Economic efficiency assumes minimum cost for the production of a good or service, maximum output, and maximum surplus from the operation of the market.
Answer:
The philosophy of self is the study of the many conditions of identity that make one subject of experience distinct from other experiences.[citation needed] The self is sometimes understood as a unified being essentially connected to consciousness, awareness, and agencyMost philosophical definitions of self—per Descartes, Locke, Hume, and William James—are expressed in the first person.[1] A third person definition does not refer to specific mental qualia but instead strives for objectivity and operationalism.[citation needed]
To another person, the self of one individual is exhibited in the conduct and discourse of that individual. Therefore, the intentions of another individual can only be inferred from something that emanates from that individual. The particular characteristics of the self determine its identity.[citation needed]
