Search results
Results from the WOW.Com Content Network
In the context of a PPF, opportunity cost is directly related to the shape of the curve (see below). If the shape of the PPF curve is a straight-line, the opportunity cost is constant as the production of different goods is changing. But, opportunity cost usually will vary depending on the start and end points.
Idappaccayatā (Pali, also idappaccayata; Sanskrit: idaṃpratyayatā) is a Buddhist term that is translated as "specific conditionality" or "this/that conditionality". It refers to the principle of causality: that all things arise and exist due to certain causes (or conditions), and cease once these causes (or conditions) are removed.
A paraphrase or rephrase (/ ˈ p ær ə ˌ f r eɪ z /) is the rendering of the same text in different words without losing the meaning of the text itself. [1] More often than not, a paraphrased text can convey its meaning better than the original words. In other words, it is a copy of the text in meaning, but which is different from the original.
The ancient Greek philosophers Plato and Aristotle debated economic equality. Painting by Raffaello Sanzio (1509). According to professor of politics Ed Rooksby, the concept of equality of outcome is an important one in disputes between different political positions, since equality has overall been seen as positive and an important concept that is "deeply embedded in the fabric of modern ...
Surplus value indicates that the output has more value than the sacrifice made for it, in other words, the output value is higher than the value (production costs) of the used inputs. If the surplus value is positive, the owner's profit expectation has been surpassed. The table presents a surplus value calculation.
In other words, explicit opportunity costs are the out-of-pocket costs of a firm, that are easily identifiable. [5] This means explicit costs will always have a dollar value and involve a transfer of money, e.g. paying employees. [6]
Based on market forwards as of year-end, we anticipate net interest income to be in the range of $815 million to $840 million with a full-year FTE margin of 3.45 to 3.55.
Opportunity, a robotic rover on Mars; Business opportunity; Equal opportunity; Market opportunity; Means, motive, and opportunity, a popular cultural summation of the three aspects of a crime needed to convince a jury of guilt; Political opportunity; Window of opportunity