Search results
Results from the WOW.Com Content Network
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
The everyday usage of the word unemployed is usually broad enough to include disguised unemployment, and may include people with no intention of finding a job. For example, a dictionary definition is: "not engaged in a gainful occupation", [7] which is broader than the economic definition.
Homogeneous mixtures can be separated by molecular separation processes; these are either equilibrium-based or rate-controlled. Equilibrium-based processes are operating by the formation of two immiscible phases with different compositions at equilibrium, an example is distillation (in distillation the vapor has another composition than the ...
Diesel fuel is immiscible in water.The bright rainbow pattern is the result of thin-film interference.. Miscibility (/ ˌ m ɪ s ɪ ˈ b ɪ l ɪ t i /) is the property of two substances to mix in all proportions (that is, to fully dissolve in each other at any concentration), forming a homogeneous mixture (a solution).
In economics and law, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable. [1] [2] In legal terms, this affects how legal rights (such as ownership and the right to receive goods under a contract) apply to such items. Fungible things can be substituted for each other; for example, a $100 ...
Liquidity is a concept in economics involving the convertibility of assets and obligations. It can include: Market liquidity, the ease with which an asset can be sold; Accounting liquidity, the ability to meet cash obligations when due; Liquid capital, the amount of money that a firm holds
In economics, broad money is a measure of the amount of money, or money supply, in a national economy including both highly liquid "narrow money" and less liquid forms.The European Central Bank, the OECD and the Bank of England all have their own different definitions of broad money.
Mud is a liquid or semi-liquid mixture of water and soil. Mud or MUD may also refer to: Construction material. Drilling fluid, commonly called drilling mud;