
Maximands
UK
/ˈmæksɪmændz/
US
/ˈmæksɪmændz/

Translation maximands into russian
maximand
Nounmaximands
pl
maximand
maximands pl
The economist discussed the concept of a maximand in the context of utility theory.
Экономист обсудил концепцию максиманда в контексте теории полезности.
Definitions
maximand
NounA quantity or objective that is to be maximized in a mathematical or economic model.
In the optimization problem, the profit function served as the maximand that the company aimed to increase.