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October 9, 2026 

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P-E RATIO: Also termed the price-earnings ratio, this is the ratio of the current price for one share of corporate stock to the earnings (profit) per share of stock. This is used by many financial analysts and investors as an indicator of a company's performance and potential for future growth. A relatively high price-earnings ratio suggests that investors think the company has a great deal of future growth potential. It can also be a sign, however, that the company is seriously overpriced and due for a big drop.

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INTERSECTION: In a graph the point at which two lines cross. In a more sophisticate mathematical view, the combination of two variables that simultaneously satisfy two separate relations. The most common intersection in economics involves the demand and supply curves. The equilibrium price and equilibrium quantity are the two variables that simultaneously satisfy the demand and supply relations (law of demand and law of supply). Most graphical intersection points are worth noting in the study of economics. More often than not an intersection point is also an equilibrium.

     See also | graph | curve | variable | market | demand | supply | equilibrium price | equilibrium quantity |


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PER UNIT TAX

A tax specified as a percentage of the quantity of a good, service, asset, or other activity. Per unit taxes are often imposed on specific goods or markets. A common per unit tax is that levied on gasoline. People pay a given tax for each gallon of gasoline purchased, regardless of the price of gasoline. An alternative is an ad valorem tax, with is a tax specified as a percentage of the value or price of a good.

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APLS

BLACK DISMALAPOD
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Today, you are likely to spend a great deal of time strolling around a discount warehouse buying club hoping to buy either a pair of red goulashes with shiny buckles or a handcrafted bird feeder. Be on the lookout for poorly written technical manuals.
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John Maynard Keynes was born the same year Karl Marx died.
"There's only one corner of the universe you can be certain of improving and that's your own self. "

-- Aldous Huxley, writer

LAD
Least Absolute Deviations
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