Minimum efficient scale

 

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Minimum efficient scale

The 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 Matches

Efficient markets theory(EMT)

Efficient markets theory(EMT)

Principle that all assets are correctly priced by the market, and that there are no bargains.


Efficient set

Efficient set

Graph representing a set of portfolios that maximize expected return at each level of portfolio risk.


Efficient allocation

Efficient allocation

An allocation that it is impossible unambiguously to improve upon, in the sense of producing more of one good without producing less of another.


Efficient frontier

Efficient frontier

The 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 diversification

Efficient diversification

The organizing principle of modern portfolio theory, which maintains that any risk-averse investor will search for the highest expected return for any particular level of portfolio risk.


Further Suggestions

Efficient market
Inefficient 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


 
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