|
|
LINE GRAPH: A graph containing one or more lines or curves that are used to represent relations between two (or more) variables. A line graph is a useful method of illustrating scientific principles and hypotheses important for the economic analysis.
Visit the GLOSS*arama
|
|
|
|
|
PERFECT COMPETITION, DEMAND The demand curve for the output produced by a perfectly competitive firm is perfectly elastic at the going market price. The firm can sell all of the output that it wants at this price because it is a relatively small part of the market. As a price taker, the firm has no ability to charge a higher price and no reason to charge a lower one. The market price facing a perfectly competitive firm is also average revenue and, most important, marginal revenue.
Complete Entry | Visit the WEB*pedia |
|
|
|
On a typical day, the United States Mint produces over $1 million worth of dimes.
|
|
|
"We may affirm absolutely that nothing great in the world has been accomplished without passion." -- Hegel
|
|
T-BILL
Treasury Bill
|
|
|
Tell us what you think about AmosWEB. Like what you see? Have suggestions for improvements? Let us know. Click the User Feedback link.
User Feedback
|
|
