What is ICOR in economics?

What is ICOR in economics?Incremental Capital Output Ratio (ICOR) is the additional capital required to increase one unit of output. This ratio is used to measure the efficiency of an industrial unit or country as an economic unit. The lesser the ICOR, more efficient the organization.

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World Lupus Day: Date, History, Significance, Facts about autoimmune disease

World Lupus Day: Date, History, Significance, Facts about autoimmune disease

World Lupus Day is dedicated to people worldwide who suffer from this debilitating autoimmune disease …