Allocative efficiency, Electrical Engineering

Assignment Help:

Allocative Efficiency: A neoclassical concept referring to allocation of productive resources (labour, capital, etc.) in a manner that best maximizes well-being (or 'utility') of individuals.


Related Discussions:- Allocative efficiency

Igbt - insulated gate bipolar transistor , IGBT ( Insulated Gate Bipolar T...

IGBT ( Insulated Gate Bipolar Transistor ) IGBT  stands for  insulated gate bipolar transistor. It is having the advantages of both power MOSFET and BJT.  In IGBT  layer is P

Substation preventive maintenance scheduling optimization, Introduction: ...

Introduction: The scheduling system that is followed by the maintenance department is not well established and is dependable on employee's personal judgment. There were a lot o

Control systems, why open loop system is stable and why degree of stability...

why open loop system is stable and why degree of stability varies in closed loop system

Explain by using a circuit diagram a darlington pair, Q. Explain by using a...

Q. Explain by using a circuit diagram, a ‘Darlington Pair'. Mention its advantages? THE DARLINGTON PAIR : This is a very special way of direct coupling of two transistors. The

Op code format , Op code Format As we  have seen  in the  section that...

Op code Format As we  have seen  in the  section that  the first  byte of all the instruction is the  op code. microprocessors  reads this  op code  and decodes it  to identif

Magnetic Circuits:, A circular ring of magnetic material has a mean length ...

A circular ring of magnetic material has a mean length of 1m and a cross sectional area of .001m^2.A sawcut of 5mm width is made in the ring . calculate the magnetizing current req

Compute the speed of the rotor, A 3 phase 60 hertz induction motor has 8 po...

A 3 phase 60 hertz induction motor has 8 poles and operates with a slip of .05 for a certain load. Compute in r.p.m. the (a) Speed of the rotor with respect to the stator, (b

Sketch the waveform of the circuit , The following four output displays of ...

The following four output displays of an oscilloscope (right hand side, below) show waveforms of a biased diode ac circuit. An example is illustrated on the left hand side. VIN is

What do you mean by conditional selection, Q. What do you mean by Condition...

Q. What do you mean by Conditional selection? Conditional selection: When a marker is instructed to create a connection from a given incoming trunk to a given outgoing trunk, t

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd