The More ____________ a Node Is in a Network of Exchanges

question 12

Short Answer

The more ____________ a node is in a network of exchanges and transactions,the more power that node's occupant will have.

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Definitions:

Variable Cost

Expenditures that fluctuate according to the degree of production or the volume of goods produced.

Fixed Cost

Costs that remain constant regardless of any change in a firm's activity level, such as lease payments or insurance premiums.

Depreciation

The systematic allocation of the depreciable amount of an asset over its useful life.

Discount Rate

In discounted cash flow analysis, it's the rate used to bring future cash flows down to their present worth.