օպտիմում

օպտիմում

1. The best. Usually refers to a most preferred choice by consumers subject to a budget constraint, a profit maximizing choice by firms or industry subject to a technological constraint, or in general equilibrium, a complete allocation of factors and goods that in some sense maximizes welfare. 2. As an adjective, same as optimal.

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Part of Speech: noun
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Industry/Domain: Economy
Category: International economics
Company: University of Michigan
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