Economic Efficiency - X Inefficiency I A Level and IB Economics
Рет қаралды 6,014
Күн бұрынIn this short revision video we explore the concept of X-inefficiency - associated with the absence of competition in markets leading to managerial slack and higher unit costs.
#aqaeconomics #ibeconomics #edexceleconomics
@tutor2u-official 3 жыл бұрын
We have some great free study resource collections for A level Economics and IB Economics - click here www.tutor2u.net/economics/collections
@tutor2u-official 3 жыл бұрын
Here is the link to the Office video to illustrate managerial slack! kzfaq.info/get/bejne/bMxmpLWo1Z69p3k.html
@towelakams5657 3 жыл бұрын
Please post link. Thanks. :)
@tutor2u-official 3 жыл бұрын
Just done it!
@towelakams5657 3 жыл бұрын
@@tutor2u-official Thanks! My teacher loves your videos btw, lol! Literally swears by them.
@plizzy6844 3 жыл бұрын
Could you link X- inefficiency to productive inefficiency?
@tutor2u-official 3 жыл бұрын
Yes - but it can happen at any level of output
Lighthouse Communications
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