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A psychologist finds that performance on learning a poem decreases as room temperature increases above 72°F. In this instance, learning of the poem and room temperature.
Economic Profit
The difference between total revenue and the total opportunity costs (both explicit and implicit) of all resources used by a business.
Dominant Strategy
A strategy in game theory that yields the best outcome for a player, no matter what the other players do.
Natural Gas Fields
Geological formations containing natural gas, a fossil fuel consisting mainly of methane, that can be used for energy production.
Dominant Strategy
A strategy in game theory that is best for a player regardless of the strategies chosen by the other players.
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