Objective

(adjective)

Agreed upon by all parties present (or nearly all); based on consensually observed facts.

Related Terms

  • subjective
  • incentive

Examples of Objective in the following topics:

  • Objective, constraints and alternatives

  • Introduction to Production and Cost

    • Objectives of agents, technology, availability and quality of inputs determine the nature of these decisions.
  • Objectives

  • Why Governments Intervene In Markets

  • Criteria to evaluate alternatives

  • Economic Way of Thinking

    • Objectives or goals are usually based on the maximization or minimization of some variable, i.e. the maximization of utility, output or profit or the minimization of cost per unit.
Subjects
  • Accounting
  • Algebra
  • Art History
  • Biology
  • Business
  • Calculus
  • Chemistry
  • Communications
  • Economics
  • Finance
  • Management
  • Marketing
  • Microbiology
  • Physics
  • Physiology
  • Political Science
  • Psychology
  • Sociology
  • Statistics
  • U.S. History
  • World History
  • Writing

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