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Ferrophosphorus is a ferroalloy, an alloy of iron and phosphorus. It contains high proportion of iron phosphides, Fe 2 P and Fe 3 P. Its CAS number is 8049-19-2. The usual grades contain either 18 or 25% of phosphorus. [1] It is a gray solid material with melting point between 1050-1100 °C. It may liberate phosphine in contact with water. Very ...
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 ...
James Stuart (1767) authored the first book in English with 'political economy' in its title, explaining it just as: . Economy in general [is] the art of providing for all the wants of a family, so the science of political economy seeks to secure a certain fund of subsistence for all the inhabitants, to obviate every circumstance which may render it precarious; to provide everything necessary ...
Too much phosphate can lead to diarrhoea and calcification (hardening) of organs and soft tissue, and can interfere with the body's ability to use iron, calcium, magnesium, and zinc. [ 136 ] Phosphorus is an essential macromineral for plants, which is studied extensively in edaphology to understand plant uptake from soil systems.
Iron(II) phosphate, also ferrous phosphate, [3] Fe 3 (PO 4) 2, is an iron salt of phosphoric acid. Natural occurrences. The mineral vivianite is a naturally occurring ...
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
An economic model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified, often mathematical, framework designed to illustrate complex processes.
The iron law of wages is a proposed law of economics that asserts that real wages always tend, in the long run, toward the minimum wage necessary to sustain the life of the worker. The theory was first named by Ferdinand Lassalle in the mid-nineteenth century.