Examlex
When the sample size is greater than 5% of the population,the formula for the standard error of the mean should be modified with a finite population correction.
Price of X
Denotes the amount of money required to purchase a specific good or service dubbed "X".
Price of Y
The amount of money required to purchase a specific quantity of product Y or service Y.
Consumer's Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually do pay.
Net Increase
The overall rise in a particular number after all deductions or decreases have been considered.
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