> as lemmas

1906 A. Shadwell (title) Industrial efficiency. A comparative study of industrial life in England, Germany and America.

1916 A. Marshall Princ. Econ. (ed. 7) iv. v. 193 Health and strength, physical, mental and moral..are the basis of industrial efficiency, on which the production of material wealth depends.

1926 Industrial Management Jan. 4/1 The choice is restricted to a definitely established range of sizes and types, outside of which the designer of the average car would venture with considerable trepidation, and at the sacrifice of manufacturing efficiency.

1926 Industrial Management 34 (advt.) Sure and efficient power drives make for higher overall plant efficiency.

1936 J. M. Keynes Gen. Theory Employment iv. ii. 135 The relation between the prospective yield of a capital-asset and its supply price or replacement cost, i.e. the relation between the prospective yield of one more unit of that type of capital and the cost of producing that unit, furnishes us with the marginal efficiency of capital of that type.

1953 G. Hutton We too can Prosper i. 13 Productivity is the efficiency..of production.

1965 J. L. Hanson Dict. Econ. 133/1 Economic efficiency, the maximum average output per employee.

1965 J. L. Hanson Dict. Econ. 133/1 Economic efficiency is a much wider term than technical efficiency, which applies only to the efficiency of one factor of production, namely capital.

1965 A. Seldon & F. G. Pennance Everyman's Dict. Econ. 137 Economic efficiency, relates to output per unit cost of the resources employed; contrasted with technical efficiency, which measures output of energy per unit of energy applied.

1966 A. Gilpin Dict. Econ. Terms 57 Economic efficiency, the efficiency with which scarce resources are used and organised to achieve stipulated economic ends. In competitive conditions, the lower the cost per unit of output, without sacrifice of quality, in relation to the value or price of the finished article, the greater the economic efficiency of the productive organisation.