Home > Terms > English, UK (UE) > optimal output

optimal output

1. For a firm this usually means the output of the good that it produces that, when sold, maximizes profit. 2. For a country, this usually means the combination of different goods (and services) that it can produce that is worth the most at world prices, perhaps adjusted for any externalities.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Sysop02
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Food (other) Category: Herbs & spices

Lemon balm

Herb (fresh sprigs) Description: Mint-like leaves, also called balm. Sweet, lemon flavour with a citrus scent. Uses: Jams and jellies, salads, soups, ...

Contributor

Featured blossaries

Best Places to visit in Thane

Category: Travel   1 2 Terms

Must-Try Philippine Delicacies

Category: Food   4 20 Terms