3.3.3.6h - Productive, allocative and dynamic efficiency
- Syllabus
- 2018
- Objective
- 3.3.3.6
- Level
- A2
Productive, allocative and dynamic efficiency.
Use h - productive, allocative and dynamic efficiency to connect the rule to the data and decision in the question.
This matters because h - productive, allocative and dynamic efficiency determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.
Example: apply h - productive, allocative and dynamic efficiency to one small, clearly defined case, show the key step or comparison, and explain the result in words.
Boundary: h - Productive, allocative and dynamic efficiency is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.