Examlex
The definition of efficiency implies that production is carried out on the production possibilities frontier.
Social System
An organized set of relationships among individuals and groups in a society, influencing their behavior and culture.
1960s
The 1960s denotes a decade in the 20th century known for significant cultural, political, and technological changes worldwide.
Standard Time
An adjustment to the total normal time; the adjustment provides allowances for personal needs, unavoidable work delays, and fatigue.
Average Observed Time
The arithmetic mean of the times for each element measured, adjusted for unusual influence for each element.
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