օպտիմում

օպտիմում

As good as it gets, given the constraints you are operating within. For the concept of optimum to mean anything, there must be both a goal, say, to maximize economic welfare, and a set of constraints, such as an available stock of scarce economic resources. Optimizing is the process of doing the best you can in the circumstances.

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Part of Speech: noun
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Industry/Domain: Economy
Category: Economics
Company: The Economist
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