|
JOB: Specific employment activities associated with a production process that are usually undertaken by a single worker. For example, someone might have the job of serving food or repairing cars. Others might have the job of teaching economics. The word "job" is the primary designation applied to a worker when hired by an employer. It is commonly used as a modifier for other terms, such as job satisfaction or job security, as reference to specific aspects of working or employment.
Visit the GLOSS*arama
|
|

|
|
                          
AVERAGE-MARGINAL RULE: An intriguing, extremely useful mathematical relationship between an average measure and it's corresponding marginal measure, for example average product and marginal product, or average total cost and marginal cost. When the marginal measure is greater than the average measure, then the average measure increases. Alternatively, when the marginal measure is less than the average measure, then the average measure decreases. In addition, when the marginal measure is equal to the average measure the average measure doesn't change. See also | average product | marginal product | average total cost | average variable cost | marginal cost | average revenue | marginal revenue | average factor cost | marginal factor cost | average revenue product | marginal revenue product |  Recommended Citation:AVERAGE-MARGINAL RULE, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2025. [Accessed: February 14, 2025].
Search Again?
Back to the GLOSS*arama
|
|
GROSS DOMESTIC PRODUCT, EXPENDITURES A method of estimating gross domestic product (GDP) based on identifying the aggregate expenditures (consumption expenditures, investment expenditures, government purchases, and net exports) made by the four macroeconomic sectors (household, business, government, and foreign). This is one of two methods used by the Bureau of Economic Analysis in the National Income and Product Accounts to estimate gross domestic product. The other identifies the value of total production from the income received by the resource owners.
Complete Entry | Visit the WEB*pedia |


|
|
RED AGGRESSERINE [What's This?]
Today, you are likely to spend a great deal of time at a garage sale hoping to buy either a birthday greeting card for your aunt or a wall poster commemorating the moon landing. Be on the lookout for vindictive digital clocks with revenge on their minds. Your Complete Scope
This isn't me! What am I?
|
|
On a typical day, the United States Mint produces over $1 million worth of dimes.
|
|
"Things turn out best for the people who make the best of the way things turn out." -- Art Linkletter
|
|
PVR Profit Volume Ratio
|
|
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
|

|