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INDETERMINANT: The term commonly used to indicate that the direction of the change in either price or quantity is not known when the market experiences simultaneous shifts in both the demand and supply curves. For example, an increase in both demand and supply definitely increases the quantity exchanged. But whether the market price increases or decreases is indeterminant.
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CONSUMER SOVEREIGNTY The notion that consumers ultimately determine what goods and services are produced and how the economy's limited resources are used based on the purchases they make. Consumers thus reign over the economy as sovereign rulers.
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BROWN PRAGMATOX
[What's This?]
Today, you are likely to spend a great deal of time waiting for visits from door-to-door solicitors wanting to buy either a rechargeable battery for your computer or shoe laces for your snow boots. Be on the lookout for bottles of barbeque sauce that act TOO innocent.
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The average length of a "business lunch" is about 36 minutes.
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"When your values are clear to you, making decisions becomes easier. " -- Roy Disney, executive
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AAXICO
American Air Export and Import Company
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