Examlex
Larry buys stock in A to Z Express Company.Curly Corporation builds a new factory.Whose transaction would be an act of investment in the language of macroeconomics?
Square Feet
A unit of area measurement equivalent to the area of a square with sides of one foot in length.
Quasilinear Preferences
Preferences where utility is linear in one argument, usually money, allowing for easy analysis of changes in wealth while other goods are evaluated non-linearly.
Homothetic
Pertaining to a class of production functions or utility functions where equal proportionate changes in inputs result in equal proportionate changes in output.
Utility Function
An economic tool used to encode a consumer's preference orderings over a set of alternatives into a real-valued function. (Duplicate rephrase)
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