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substitute variable

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  • Substitute good — In economics, one kind of good (or service) is said to be a substitute good for another kind insofar as the two kinds of goods can be consumed or used in place of one another in at least some of their possible uses. Classic examples of substitute …   Wikipedia

  • Motor variable — A function of a motor variable is a function with arguments and values in the split complex number plane, much as functions of a complex variable involve ordinary complex numbers. The split complex numbers lie in the motor plane D, a term… …   Wikipedia

  • Demand (economics) — Demand redirects here. For other uses, see Demand (disambiguation). In economics, demand is the desire to own anything, the ability to pay for it, and the willingness to pay[1] (see also supply and demand). The term demand signifies the ability… …   Wikipedia

  • Small but Significant and Non-transitory Increase in Price — In competition law, before deciding whether companies have significant market power which would justify government intervention, the test of Small but Significant and Non transitory Increase in Price is used to define the relevant market in a… …   Wikipedia

  • List of holidays by country — Contents 1 Afghanistan 2 Albania 3 Algeria 4 Andorra …   Wikipedia

  • Monopoly — This article is about the economic term. For the board game, see Monopoly (game). For other uses, see Monopoly (disambiguation). Competition law Basic concepts …   Wikipedia

  • Total cost — In economics, and cost accounting, total cost (or total costs) describes the total economic cost of production and is made up of variable costs, which vary according to quantity produced such as raw materials, plus fixed costs, which are… …   Wikipedia

  • pottery — /pot euh ree/, n., pl. potteries. 1. ceramic ware, esp. earthenware and stoneware. 2. the art or business of a potter; ceramics. 3. a place where earthen pots or vessels are made. [1475 85; POTTER1 + Y3] * * * I One of the oldest and most… …   Universalium

  • ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …   Encyclopedia of Judaism

  • Simultaneous equations — In mathematics simultaneous equations are a set of equations containing multiple variables. This set is often referred to as a system of equations. To solve simultaneous equations, the solver needs to use the provided equations to find the exact… …   Wikipedia

  • Demand curve — An example of a demand curve shifting In economics, the demand curve is the graph depicting the relationship between the price of a certain commodity, and the amount of it that consumers are willing and able to purchase at that given price. It is …   Wikipedia

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