|
FINANCIAL WEALTH: Assets, or wealth, that is based on ownership of financial assets, such as stocks, bonds, money, and government securities. Also termed paper wealth. Financial wealth represents ownership of physical or real wealth.
Visit the GLOSS*arama
|
|
|
|
ENTERPRISE: An organization that combines scarce resources for the production and supply of goods and services. The term enterprise is generally used synonymously with other terms such as business, firm, and company. If a distinction exists, enterprise can be profit oriented, nonprofit, privately owned, or government controlled. Alternatively, the term enterprise might also be used more in reference to the production activity itself rather than the organization. See also | business | company | firm | government enterprises | legal business organizations | ownership liability | business objectives | profit maximization | natural selection | plant | factory | industry | production | production cost | supply | entrepreneurship | microeconomics | private sector | institution | Recommended Citation:ENTERPRISE, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2024. [Accessed: September 16, 2024]. AmosWEB Encyclonomic WEB*pedia:Additional information on this term can be found at: WEB*pedia: enterprise
Search Again?
Back to the GLOSS*arama
|
|
MARGINAL COST The change in total cost (or total variable cost) resulting from a change in the quantity of output produced by a firm in the short run. Marginal cost (MC) indicates how much total cost changes for a given change in the quantity of output. Because changes in total cost are matched by changes in total variable cost in the short run (total fixed cost is fixed), marginal cost is the change in either total cost or total variable cost. It is found by dividing the change in total cost (or total variable cost) by the change in output. Marginal cost is one of four cost concepts used in short-run production analysis. The other three are average total cost, average fixed cost, and average variable cost.
Complete Entry | Visit the WEB*pedia |
|
|
WHITE GULLIBON [What's This?]
Today, you are likely to spend a great deal of time at a going out of business sale seeking to buy either one of those memory foam pillows or a remote controlled train set. Be on the lookout for attractive cable television service repair people. Your Complete Scope
This isn't me! What am I?
|
|
The average bank teller loses about $250 every year.
|
|
"You need just the right amount of ambition . . . If you have too little ambition, you don't push or work hard. If you have too much ambition, you put yourself ahead of others, elbow them out of your way. " -- Andy Grove, Intel chairman and co-founder
|
|
ARMA Autoregressive Moving Average
|
|
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
|
|