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.
Check Also
Hari Hara Veera Mallu: Part 1 – Telugu Period Action Adventure Film
Hari Hara Veera Mallu: Part 1 – Movie Name Directed by: Krish Jagarlamudi Starring: Pawan …