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"The state of construction in the last five or six years means people don't have the means to invest in the trade any more," says Millichamp. "If they are putting in apprentices that need to have people with them all the time, that is not being cost efficient".
"Many well-funded startups are looking for ways to grow faster while being cost efficient and keeping risk low," Johan Lilja, co-founder and CEO of Universal Avenue, tells me in an email.
Study after study also demonstrates that Housing First works to keep people housed and improve their quality of life and is effective at ending homelessness while also being cost efficient.
The museum's specification called for a landmark building that would provide a neutral backdrop for the aircraft collection and provide appropriate climatic controls while being cost efficient to operate.
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He said apartment buildings needed to have a minimum of 60 units for microturbines to be cost efficient.
Furthermore, the implemented allocation system should be cost efficient and practical to operate.
As police forces face further cuts, many senior police officers argue that gun licences should be cost efficient, and rise to around £200 a licence.
The company says that its gas-to-liquid technology is cost efficient enough to allow natural gas to be converted into gasoline.
The service is cost efficient, time saving and provides more exact data for coaching.
"In general, using cloud-based systems and services is cost efficient.
"New greener buses will be more comfortable for passengers, they are cost efficient and are good for the environment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com