Revise your notes on efficiency.
Have a look at these two articles - is competition leading to greater efficiency?
Two articles from the BBC seem to indicate that competition in the insurance industry is causing firms to seek greater economic efficiency
a) What are the various types of efficiency? (Dynamic, static etc)
b) What type of efficiency will these job losses lead to?
c) Why are the 2 firms following this course of action?
Current ratio
6 years ago
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