Session length

1 / 20

What does the Efficiency or Unit-Cost Ratio measure?

The relationship between inputs and outputs

Efficiency or unit-cost ratio tells you how effectively resources are turned into results by comparing what goes in with what comes out. It expresses output per unit of input or cost per unit of output, showing the relationship between inputs and outputs. For example, if you produce 100 units using $500, the unit cost is $5 per unit, or if you get more output with the same inputs, the ratio improves. This isn’t just about the total budget, the number of staff, or time alone—those are inputs or constraints. The ratio specifically captures how the level of inputs relates to the amount of output produced.

The total budget

The number of staff

The time required to complete tasks

Next question

Find the option that is right for you!

All options are one-time payments.

$12.50

30 day premium pass

All the basics to get you started

  • Ad-free experience
  • View your previous attempt history
  • Mobile app access
  • In-depth explanations
  • 30 day premium pass access
$30.00 $87.50 usd

6 month DELUXE pass (most popular)

Everything with the 30 day premium pass FOR 6 MONTHS! & the ultimate digital PDF study guide (BONUS)

  • Everything included in the premium pass
  • $87.50 usd value for $30.00! You save $57.50!
  • + Access to the ultimate digital PDF study guide
  • + 6 months of premium pass access
  • + Priority support
$12.50 $18.99

Ultimate digital PDF study guide

For those that prefer a more traditional form of learning

  • Available for instant download
  • Available offline
  • Hundreds of practice multiple choice questions
  • Comprehensive content
  • Detailed explanations
Image Description
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy