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Unformatted text preview: without compromising the ability of future generations to meet their own needs. The two concepts are not related in any sense. Economic efficient outcome is only focus on maximize the current benefits by using the most efficiency method. However, economic sustainability is force on the next generation, by not compromising the ability of future generations. Finally, the two concepts are focus on different time periods, but both of the concepts are trying to be the efficient under their limitation and restriction....
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This note was uploaded on 11/29/2010 for the course ECONOMICS 300-400 taught by Professor Varies during the Spring '10 term at Cornell University (Engineering School).
- Spring '10