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Law of supply. The law of supply is a fundamental principle of economic theory which states that, keeping other factors constant, an increase in sales price results in an increase in quantity supplied. [ 1] In other words, there is a direct relationship between price and quantity: quantities respond in the same direction as price changes.
Blowout (sports) In sports, a blowout or rout is an easy or one-sided victory. [ 1][ 2] It occurs when one athletic team or individual performer outscores another by a large margin or in such a fashion that the second team or individual has little chance of a victory. The term "blowout" is often used in reference to athletic competition, but it ...
Article indices. v. t. e. In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of time. A decrease in cost per unit of output enables an increase in scale that is, increased production with lowered cost. [1]
Blowout clearance sales at its roughly 800 stores could begin within a matter of weeks, according to Corali Lopez-Castro, a bankruptcy lawyer and managing partner at Kozyak Tropin and Throckmorton.
t. e. In economics, output is the quantity and quality of goods or services produced in a given time period, within a given economic network, [ 1] whether consumed or used for further production. [ 2] The economic network may be a firm, industry, or nation. The concept of national output is essential in the field of macroeconomics.
Recently, I wrote an article about the catastrophic affects of sequestration on the economy. However, at the end, I explained how even if sequestration wrecks the economy and devastates the stock ...
Proving that it's never too late (or early) to celebrate a holiday, Zynga is hoping to earn a few more dollars from players in FarmVille, as it has launched a Winter Blowout Sale in the game's ...
In economics, market clearing is the process by which, in an economic market, the supply of whatever is traded is equated to the demand so that there is no excess supply or demand, ensuring that there is neither a surplus nor a shortage. The new classical economics assumes that in any given market, assuming that all buyers and sellers have ...