In the perfect world of economists. (Which is not certain) to allocate resources optimally when they are used in the production of goods and services that meet the needs of consumers and the needs of the lowest prices of the products. Production efficiency means fewer resources to spend on goods and services that allow resources to be used in the making of economic activity such as production, savings and investment. This basically boils down to what the client wants to build as cheaply and efficiently as possible.
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