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WEIGHT: When applied to location theory, the relative attractive force of one activity to another based on transportation cost. The weight of an activity in this context is comparable to the weight of matter subject to gravitation forces. The weight of an activity is greater if it incurs higher transportation cost. As such, it is attracted, or pulled, to other activities to reduce transportation cost. With the weight (transportation cost) of an activity is often related to physical weight (heavier items cost more to move), it need not be. Other factors affecting weight include special handling (security, comfort) and type of transportation (walking, automobile, airplane).

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SUPPLY PRICE: The minimum price that sellers would be willing and able to accept for a given quantity of a good. The emphasis here is on minimum. As a general rule sellers have a lower limit to the price that they would be willing to accept for a good. As a lower limit, they would gladly go higher.

     See also | supply | price | quantity supplied | supply space | supply curve | law of supply | free good | scarcity | supply determinants |


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SUPPLY PRICE, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2025. [Accessed: July 2, 2025].


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INNOVATION

The initial application of new products, technologies, and ideas that usually generate a beneficial improvement in society and the economy. In contrast to an invention, which is the act of creation, an innovation is the implementation of a product, technology, or idea. Innovations are changes in existing institutions and the status quo, prompted by risk-taking entrepreneurs, that promote prosperity and improved living standards.

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APLS

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Today, you are likely to spend a great deal of time at an auction trying to buy either throw pillows for your bed or a package of blank rewritable CDs. Be on the lookout for poorly written technical manuals.
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The standard "debt" notation I.O.U. does not mean "I owe you," but actually stands for "I owe unto..."
"always remember an epitaph which is in the cemetery at Tombstone, Arizona. It says: „Here lies Jack Williams. He done his damnedest.¾ I think that is the greatest epitaph a man can have ‚ When he gives everything that is in him to do the job he has before him. That is all you can ask of him and that is what I have tried to do. "

-- Harry Truman, 33rd US president

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Association of International Bond Dealers (now called International Securities Market Association)
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