efficiency Flashcards

1
Q

examples of productive efficiency

A

Netflix blocking the use of password sharing gained them 9.3 million new subscribers and got rid of the costs of people sharing accounts

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2
Q

examples of dynamic efficiency

A

And its investments to do so are sizable. In the second quarter of 2018, GM’s capital spending outlays totaled nearly $6.7 billion, which ranked first among companies in the S&P 500.

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3
Q

examples of x inefficiencies

A

Coca-Cola: a global plastic menace.
The polluter sells more than 100 billion single-use plastic bottles each year with many ending up in landfills and the ocean.

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