1 TermsHome > Terms > Armenian (HY) > 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.
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
Contributor
Featured blossaries
badr tarik
0
Terms
57
Blossaries
2
Followers
The largest countries in the world
Category: Geography 1 8 Terms
8 Terms
Browers Terms By Category
- Air conditioners(327)
- Water heaters(114)
- Washing machines & dryers(69)
- Vacuum cleaners(64)
- Coffee makers(41)
- Cooking appliances(5)
Household appliances(624) Terms
- Ballroom(285)
- Belly dance(108)
- Cheerleading(101)
- Choreography(79)
- Historical dance(53)
- African-American(50)
Dance(760) Terms
- General accounting(956)
- Auditing(714)
- Tax(314)
- Payroll(302)
- Property(1)
Accounting(2287) Terms
- Electricity(962)
- Gas(53)
- Sewage(2)
Utilities(1017) Terms
- Physical geography(2496)
- Geography(671)
- Cities & towns(554)
- Countries & Territories(515)
- Capitals(283)
- Human geography(103)