Home > 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
բանավոր հմտություններ
skills or abilities in oral speech, ability of speech, fluency in speaking
Contributor
Featured blossaries
Browers Terms By Category
- Authors(2488)
- Sportspeople(853)
- Politicians(816)
- Comedians(274)
- Personalities(267)
- Popes(204)
People(6223) Terms
- Zoological terms(611)
- Animal verbs(25)
Zoology(636) Terms
- Bridge(5007)
- Plumbing(1082)
- Carpentry(559)
- Architecture(556)
- Flooring(503)
- Home remodeling(421)
Construction(10757) Terms
- American culture(1308)
- Popular culture(211)
- General culture(150)
- People(80)
Culture(1749) Terms
- Automobile(10466)
- Motorcycles(899)
- Automotive paint(373)
- Tires(268)
- Vehicle equipment(180)
- Auto parts(166)