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Home > Terms > Armenian (HY) > 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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- Besedna vrsta: noun
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- Industrija/področje: Economy
- Category: International economics
- Company: University of Michigan
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