Economic Viability

Marginal Producer
A marginal producer in an industry is an individual producer who remains barely profitable at current levels of price and production.
Takeoff
The term 'takeoff' refers to a critical point in the development and growth of a producer, an industry, or an economy, marking the stage at which it becomes economically viable and self-sustaining.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.