producers goods
111Labor theory of value — The labor theories of value (LTV) are theories in economics according to which the values of commodities are related to the labor needed to produce them.There are many different accounts of labor value, with the common element that the value of… …
112Economy of Communist Czechoslovakia — In the mid 1980s, Czechoslovakia was one of Eastern Europe s most industrialized and prosperous countries. Although levels of consumption were well below those common in Western Europe, inhabitants of Czechoslovakia enjoyed a standard of living… …
113Quebec — This article is about the Canadian province. For the province s capital city, see Quebec City. For other uses, see Quebec (disambiguation). Coordinates …
114defense economics — Field of national economic management concerned with peacetime and wartime military expenditures. It arose in response to the greater scale and sophistication of warfare in the 20th century. Most nations seek to avoid the vast financial and human …
115Externality — External redirects here. For other uses, see External (disambiguation). In economics, an externality (or transaction spillover) is a cost or benefit, not transmitted through prices,[1] incurred by a party who did not agree to the action causing… …
116Official statistics — on Germany in 2010, published in UNECE Countries in Figures 2011. Official statistics are statistics published by government agencies or other public bodies such as international organizations. They provide quantitative or qualitative information …
117price system — ▪ economics Introduction a means of organizing economic activity. It does this primarily by coordinating the decisions of consumers, producers, and owners of productive resources. Millions of economic agents who have no direct communication …
118price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… …
119Monopolistic competition — Short run equilibrium of the firm under monopolistic competition. The firm maximizes its profits and produces a quantity where the firm s marginal revenue (MR) is equal to its marginal cost (MC). The firm is able to collect a price based on the… …
120Russell T Davies — Davies outside Cardiff Central railway station on 22 April 2008. Born Stephen Russell Davies 27 April 1963 (1963 04 27) (age 48) …
