Examlex
When an observer wishes to record and observe target behaviors that have a degree of duration, or occurs for a long enough period of time that such a measure would be sensitive, the best method to use would be:
Efficiency
The optimal use of resources to achieve the desired outcome with minimal waste or expense, often associated with productivity and economic contexts.
Welfare Economics
The branch of economics that focuses on the optimal allocation of resources and goods and how the allocation affects social welfare.
Equitable Outcome
An equitable outcome is a situation or result in economic transactions or distributions that is considered fair or just among all parties involved.
Contract Curve
In economics, a line on an Edgeworth box diagram representing the set of optimal allocations between two parties.
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