Examlex
A typical Doppler shift in the center of a granular cell compared to the "rest" wavelength is 8.75 X 10-⁴ nm.Take the rest wavelength to be the Hα line of 656 nm.What is the corresponding material speed in the center of the cell?
Consumer Surplus
The difference between the potential total payment by consumers for a product or service and the actual total payment they make.
Producer Surplus
The difference between the amount that producers are willing and able to sell a good for and the actual amount they receive.
Price Elasticity
An indicator of the degree to which demand for a product reacts to variations in its price, showing how sensitive the demand for the good is to price alterations.
Price Discrimination
A method of setting prices where a provider charges different amounts for the same or almost the same items or services to different customers or in various locations.
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