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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.
Pages in category "Glossaries of mathematics" The following 36 pages are in this category, out of 36 total. ... Glossary of areas of mathematics; C.
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 ...
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 ...
The additional definition matrix shows the four common categories alongside providing some examples of fully excludable goods, Semi-excludable goods and fully non-excludeable goods. Semi-excludable goods can be considered goods or services that a mostly successful in excluding non-paying customer, but are still able to be consumed by non-paying ...
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
A chart can represent tabular numeric data, functions or some kinds of quality structure and provides different info. The term "chart" as a graphical representation of data has multiple meanings: A data chart is a type of diagram or graph, that organizes and represents a set of numerical or qualitative data.
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.