Question: Recall the lecture content regarding efficiency from the first part of the term. Suppose that Tesla is comparing two alternative processes for completing a manufacturing

Recall the lecture content regarding efficiency from the first part of the term. Suppose that Tesla is comparing two alternative processes for completing a manufacturing job. We will refer to the two processes as Process Y and Process Z. Based on the characterization of efficiency used in this course, we say that Process Y is more efficient than Process Z if

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