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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 ...
In any technical subject, words commonly used in everyday life acquire very specific technical meanings, and confusion can arise when someone is uncertain of the intended meaning of a word. This article explains the differences in meaning between some technical terms used in economics and the corresponding terms in everyday usage.
An online dictionary is a dictionary that is accessible via the Internet through a web browser. They can be made available in a number of ways: free, free with a paid subscription for extended or more professional content, or a paid-only service.
Free The Concise Encyclopedia of Economics: English Economics – part of the Library of Economics and Liberty. Edited by David R. Henderson: Free Cyclopaedia of Political Science, Political Economy, and the Political History of the United States: English Articles about science, economics, and American authors. The 1899 edition is available ...
It is a sister site to The Free Dictionary and usage examples in the form of "references in classic literature" taken from the site's collection are used on The Free Dictionary 's definition pages. In addition, double-clicking on a word in the site's collection of reference materials brings up the word's definition on The Free Dictionary.
Ke applies most prominently to companies that regularly generate excess capital (free cash flow, cash on hand) from ongoing operations. Critically, in assessing a company's financial position (and reading its balance sheet), COE is distinguished from CAPEX , or costs associated with Capital Expenditures.
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This is a comparison of English dictionaries, which are dictionaries about the language of English.The dictionaries listed here are categorized into "full-size" dictionaries (which extensively cover the language, and are targeted to native speakers), "collegiate" (which are smaller, and often contain other biographical or geographical information useful to college students), and "learner's ...