Minimum efficient scale 


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Minimum efficient scaleThe smallest output of a firm consistent with minimum average cost. In small countries, in some industries the level of demand in autarky is not sufficient to support minimum efficient scale.Similar MatchesEfficient markets theory(EMT)Efficient markets theory(EMT)Principle that all assets are correctly priced by the market, and that there are no bargains. Efficient setEfficient setGraph representing a set of portfolios that maximize expected return at each level of portfolio risk. Efficient allocationEfficient allocationAn allocation that it is impossible unambiguously to improve upon, in the sense of producing more of one good without producing less of another. Efficient frontierEfficient frontierThe combinations of securities portfolios that maximize expected return for any level of expected risk, or that minimizes expected risk for any level of expected return. Pioneered by Harry Markowitz. Efficient diversificationEfficient diversificationThe organizing principle of modern portfolio theory, which maintains that any riskaverse investor will search for the highest expected return for any particular level of portfolio risk. Further SuggestionsEfficient marketInefficient portfolio Correlation coefficient Efficient market Earnings response coefficient Gini Coefficient Coefficient of Variation Coefficient of determination Information Coefficient (IC) Operationally efficient market Internally efficient market efficient market theory Efficient capital market Regression coefficient 
