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cost-effective vs. cost-efficient

[kawst-i-fek-tiv, kost-] / ˈkɔst ɪˈfɛk tɪv, ˈkɒst- /

adjective

  1. producing optimum results for the expenditure.

[kawst-i-fish-uhnt, kost-] / ˈkɔst ɪˈfɪʃ ənt, ˈkɒst- /

adjective

  1. cost-effective.