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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Economy or efficiency
Sir
Cost per successfully treated patient is a measure of economy or efficiency?
Similarly, cost per patient is a measure of economy or efficiency?
Cost per patient is a measure of efficiency.
Cost per successfully treated patient would not really be a sensible measure because it is combining two things (cost and success), but if you did use it then it would be more a measure of effectiveness.
