Computation of factorials in the compile time increases the time of compilation of the program and might reduce the overheads in the runtime. Also the code that computes factorials in compile time is less concise than a standard function computing the same thing. The precise effect will depend a lot on a particular use case. In the case if a program makes a lot of calls to factorial function with constant arguments, then the switch to compilation time computation might result in noticeable efficiency gain. But probably in the most use cases, there will be no noticeable effects on efficiency.
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