Home > Terms > Macedonian (MK) > оптимум
оптимум
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.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Food (other) Category: Herbs & spices
лимонска трева
билка (свежи или суви стебленца или земјени) Опис: Долга, тенка, сиво-зелени лисја. Лимон вкус и мирис, многу влакнести. Користи: риба, пилешко, ...
Contributor
Featured blossaries
Browers Terms By Category
- Film titles(41)
- Film studies(26)
- Filmmaking(17)
- Film types(13)
Cinema(97) Terms
- Clock(712)
- Calendar(26)
Chronometry(738) Terms
- General law(5868)
- Courts(823)
- Patent & trademark(449)
- DNA forensics(434)
- Family law(220)
- Legal aid (criminal)(82)
Legal services(8095) Terms
- Railroad(457)
- Train parts(12)
- Trains(2)
Railways(471) Terms
- Osteopathy(423)
- Acupuncture(18)
- Alternative psychotherapy(17)
- Ayurveda(9)
- Homeopathy(7)
- Naturopathy(3)