About 65% of the PHUs were found to be scale inefficient, that is, they suffered from inefficiencies emanating from inappropriate size, i.e. being too small or too large.
IF YOU accept that markets are inefficient, that implies they are occasionally unfair.
And for people who hadn't done that in a while, they're suddenly reminded of how utterly, dreadfully inefficient that is," Mr. Reid said.
But note that lock-in is inefficient (that is, it is a kind of market failure) only if the inferior product survives despite the fact that the benefits of switching would exceed the costs.
Realizing how inefficient that had become, Vess went on a hiring spree and opened an office.
However, any BMD, no matter how inefficient, that can defeat even a few dozen missiles can leave one side with the sneaking suspicion that they've become vulnerable to a massive nuclear attack.
They pumped money taxpayers' money into companies that were so inefficient that they should have been allowed to go bust.
Telebrás and its regional subsidiaries were so inefficient that they spawned a vigorous secondary market for telephone lines.
But the design is so antiquated and inefficient, that even Pakistan stopped using those centrifuges long ago.
The reason was that it was so inefficient that it was only practical where there was a readily available source of coal.
