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In economics, a free good is a good that is not scarce, and therefore is available without limit. [1] [2] [3] A free good is available in as great a quantity as desired with zero opportunity cost to society. A good that is made available at zero price is not necessarily a free good.
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 ...
Goods are capable of being physically delivered to a consumer. Goods that are economic intangibles can only be stored, delivered, and consumed by means of media. Goods, both tangibles and intangibles, may involve the transfer of product ownership to the consumer. Services do not normally involve transfer of ownership of the service itself, but ...
Rigor is a cornerstone quality of mathematics, and can play an important role in preventing mathematics from degenerating into fallacies. well-behaved An object is well-behaved (in contrast with being Pathological ) if it satisfies certain prevailing regularity properties, or if it conforms to mathematical intuition (even though intuition can ...
A good in economics is any object, service or right that increases utility, directly or indirectly. A good that cannot be used by consumers directly, such as an "office building" or "capital equipment", can also be referred to as a good as an indirect source of utility through resale value or as a source of income.
Domain-specific terms must be recategorized into the corresponding mathematical domain. If the domain is unclear, but reasonably believed to exist, it is better to put the page into the root category:mathematics, where it will have a better chance of spotting and classification. See also: Glossary of mathematics
Pages in category "Glossaries of mathematics" ... Glossary of areas of mathematics; C. ... additional terms may apply.
Normally, entries of a glossary are structured by topics and sorted alphabetically. This is not possible here, as there is no natural order on symbols, and many symbols are used in different parts of mathematics with different meanings, often completely unrelated. Therefore, some arbitrary choices had to be made, which are summarized below.