to adjust supply to demand
41Types of unemployment — Economists distinguish between four major types of unemployment, i.e., cyclical, frictional, structural and classical. (Another distinction, not discussed here, is between voluntary and involuntary unemployment.) Real world unemployment may… …
42Quantity adjustment — In economics, the concept of quantity adjustment refers to one possible result of supply and demand disequilibrium in a market, either due to or in the absence of external constraints on the market. In the textbook story, if the quantity demanded …
43utility 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 …
44Operating room management — An operating theatre (gynecological hospital of Medical University of Silesia in Bytom) Operating room management is the science of how to run an Operating Room Suite. Operational operating room management focuses on maximizing operational… …
45industrial relations — 1. the dealings or relations of an industrial concern with its employees, with labor in general, with the public, etc. 2. the administration of such relations, esp. to maintain goodwill for an industrial concern. [1900 05] * * * Introduction also …
46Nobel Prizes — ▪ 2009 Introduction Prize for Peace The 2008 Nobel Prize for Peace was awarded to Martti Ahtisaari, former president (1994–2000) of Finland, for his work over more than 30 years in settling international disputes, many involving ethnic,… …
47Chronology of world oil market events (1970-2005) — Basic OverviewThe 1970s See: 1970 1979 world oil market chronology 1970*January 1: U.S. Federal oil depletion allowance reduced from 27.5 to 22.0 percent. *May 3: TAP line from Saudi Arabia to the Mediterranean interrupted in Syria, creating all… …
48Chronology of world oil market events (1970–2005) — Contents 1 Basic overview 2 The 1970s 2.1 1970 2.2 1971 …
49Organized crime — Crime syndicate redirects here. For the DC Comics group of villains, see Crime Syndicate. For other uses, see Organized crime (disambiguation). Al Capone, a name often associated with organized crime …
50Auction — Auctioneer redirects here. For the DC Comics supervillain, see Auctioneer (comics). An auctioneer and her assistants scan the crowd for bidders. An auction is a process of buying and selling goods or services by offering them up for bid, taking… …
