In a Wikipedia article productive efficiency is defined at economy level.
Productive efficiency requires that all firms operate using best-practice technological and managerial processes. When all firms operated at optimum productive efficiency, an economy can extend its production possibility frontier outward, so that efficient production yields more output.
http://en.wikipedia.org/wiki/Productive_efficiency
Productive efficiency requires that all firms operate using best-practice technological and managerial processes. When all firms operated at optimum productive efficiency, an economy can extend its production possibility frontier outward, so that efficient production yields more output.
http://en.wikipedia.org/wiki/Productive_efficiency
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