This has important implications for the efficient allocation of resources within such firms.
It's the efficient allocation of resources, and that is a desirable end.
The Administration argues that its change "promotes an efficient allocation of capital."
The market therefore does not produce a socially efficient allocation of resources.
For the international economy it hopefully brings about a more efficient allocation of investment or financial resources.
I believe this to be most important if we are to have rational investment decisions and efficient allocations of resources.
The invisible foot brings about an efficient allocation of resources through competition between local governments.
It is the effective and efficient allocation of time and resources to perform activities.
However, the second theorem states that every efficient allocation can be supported by some set of prices.
Economic forces ensure that the same efficient allocation will happen in either case.