Examlex
In practice,futures hedging transactions will usually carry some small residual risk of losses.
GPA
Grade Point Average, a standard way of measuring academic achievement in the U.S., usually on a scale from 0.0 to 4.0.
Variable Inputs
Inputs whose quantities can be changed in the short term to adjust production levels, such as labor and raw materials.
Fixed Input
An input whose quantity does not change with the level of output in the short run.
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