Examlex
What are some of the important economic variables affected by the business cycle?
Profit Lines
In business, the delineation of various sources of income, identifying different products, services, or segments that contribute to the overall profitability of a company.
Shadow Price
In economics and optimization, it refers to the monetary value assigned to an otherwise intangible or non-marketable commodity based on its scarcity or the cost of its limitation in a certain context.
Optimal Solution
The best achievable outcome or decision among a set of alternatives that maximizes or minimizes the desired objective.
Scarce Resources
Resources that are limited in availability and cannot meet all demands of production or consumption at the same time.
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