allocative

Adjective

Meaning

English Wikipedia has an article on:Allocative efficiencyWikipedia
allocative (not comparable)

(uncommon) Synonym of allocational (“of or pertaining to the allocation of resources”)

Synonyms

Anagrams

Examples

Profit equals (P − ATC) × Q. It is important to note that perfect competition is a sufficient condition for allocative and productive efficiency, but it is not a necessary condition. Source: Internet

It has been noted that while decentralization may increase "productive efficiency" it may undermine "allocative efficiency" by making redistribution of wealth more difficult. Source: Internet

Welfare economics is a normative branch of economics that uses microeconomic techniques to simultaneously determine the allocative efficiency within an economy and the income distribution associated with it. Source: Internet

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