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K: The standard abbreviation for the quantity of capital goods, especially for the analysis of production. The letter "K" is used even though capital begins with a "C" because "C" is commonly used to represent consumption. The complementary representations for other inputs are "L" for labor and "N" for population.
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QUANTITY DEMANDED The specific quantity of a good that buyers are willing and able to buy at a specific demand price. The key word is "specific." Quantity demanded and demand price form matched pairs--one quantity, one price. The combination of all price-quantity pairs is then what constitutes demand. The demand curve is a plot of the quantity demanded at each demand price.
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A lump of pure gold the size of a matchbox can be flattened into a sheet the size of a tennis court!
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"Success is the ability to go from one failure to another with no loss of enthusiasm." -- Sir Winston Churchill
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SOFFEX
Swiss Options and Financial Futures Exchange
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