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minimum demand

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  • Minimum efficient scale — (MES) or efficient scale of production is a term used in industrial organization to denote the smallest output that a plant (or firm) can produce such that its long run average costs are minimized. Contents 1 Computing 2 Relationship to average… …   Wikipedia

  • Minimum Efficient Scale — (MES) is a term used in industrial organization to denote the smallest output that a plant (or firm) can produce such that its long run average costs are minimized. This concept is useful in determining the likely market structure of a market.… …   Wikipedia

  • Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… …   Wikipedia

  • Minimum wage in the United States — History of the federal minimum wage in real and nominal dollars. As of July 24, 2009 (2009 07 24) …   Wikipedia

  • Demand response — This article is about the electrical concept. For the transport concept, see Demand responsive transport. A clothes dryer using a demand response switch to reduce peak demand In electricity grids, demand response (DR) is similar to dynamic demand …   Wikipedia

  • Minimum viable product — In product development, the Minimum Viable Product or MVP is a strategy used for fast and quantitative market testing of a product or product feature, popularized by Eric Ries for web applications.[1][2] Contents 1 Description 1.1 Techni …   Wikipedia

  • Minimum equipment list — In aviation, a minimum equipment list (abbreviated MEL) provides for the operation of an aircraft in airworthy conditions, although certain instruments or equipment are inoperative. It lists the instruments and equipment that may be inoperative… …   Wikipedia

  • Demand Billing —   The electric capacity requirement for which a large user pays. It may be based on the customer s peak demand during the contract year, on a previous maximum or on an agreed minimum. It is measured in kilowatts.   ***   The electric capacity… …   Energy terms

  • demand deposit — A deposit account that permits the depositor to withdraw funds on demand. Usually, but not always, a checking account. Sometimes called demand deposit account ( DDA). American Banker Glossary * * * demand deposit demand deposit ➔ deposit1 * * *… …   Financial and business terms

  • Minimum Efficient Scale — The smallest amount of production a company can achieve while still taking full advantage of economies of scale with regards to supplies and costs. In classical economics, the minimum efficient scale is defined as the lowest production point at… …   Investment dictionary

  • Demand Ratchet —   This is the minimum billing demand based upon a given percentage of the actual demand use, recorded during the last eleven months of demand history …   Energy terms

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