Examlex
Compounds that contain carbon are called organic.
Cobb-Douglas
A form of production function used in economics to represent the relationship between two or more inputs (typically labor and capital) and the output.
Demand Functions
Mathematical expressions that relate the quantity of a good that consumers are willing and able to purchase at various prices, holding other factors constant.
Income
Earnings from work or investment, which are critical for determining spending and saving behaviors within an economy.
Utility Function
A mathematical representation in economics that quantifies the satisfaction or happiness a consumer derives from consuming goods and services.
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