Examlex
A function is convex if a line drawn connecting two points on the curve never lies below the curve.
Mcf
A standard measurement of natural gas volume, equivalent to 1,000 cubic feet.
Cash Flow Analysis
A detailing of how money comes in and how money goes out over a fixed period of time.
Budget
An estimate of income and expenditure for a set period of time.
Budget Line Equation
An economic model that represents all combinations of goods and services that a consumer may purchase given current prices within their income level.
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