demand-and-supply curves

  • 11Kinked demand — The kinked demand curve theory is an economic theory regarding oligopoly and monopolistic competition. When it was created, the idea fundamentally challenged classical economic tenets such as efficient markets and rapidly changing prices, ideas… …

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  • 12Mathematics and Physical Sciences — ▪ 2003 Introduction Mathematics       Mathematics in 2002 was marked by two discoveries in number theory. The first may have practical implications; the second satisfied a 150 year old curiosity.       Computer scientist Manindra Agrawal of the… …

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  • 13Architecture and Civil Engineering — ▪ 2009 Introduction Architecture       For Notable Civil Engineering Projects in work or completed in 2008, see Table (Notable Civil Engineering Projects (in work or completed, 2008)).        Beijing was the centre of the world of architecture… …

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  • 14roads and highways — ▪ transportation Introduction       traveled way on which people, animals, or wheeled vehicles move. In modern usage the term road describes a rural, lesser traveled way, while the word street denotes an urban roadway. Highway refers to a major… …

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  • 15economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …

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  • 16Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… …

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  • 17Economic surplus — This article is about consumers and producers surplus. For information about other surpluses, see deficit. Graph illustrating consumer (red) and producer (blue) surpluses on a supply and demand chart In mainstream economics, economic surplus… …

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  • 18utility and value — ▪ economics Introduction       in economics, the determination of the prices of goods and services.       The modern industrial economy is characterized by a high degree of interdependence of its parts. The supplier of components or raw materials …

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  • 19Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… …

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  • 20List of curves — This is a list of curves, by Wikipedia page. See also list of curve topics, list of surfaces, Riemann surface. Algebraic curves*Cubic plane curve *Quartic plane curve *Quintic plane curve *Sextic plane curveRational curves*Ampersand curve… …

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