Examlex
Any personal expenditures not specifically allowed as itemized deductions by the tax law are nondeductible (unless they are deductible in arriving at AGI).
Price Range
The spread between the highest and lowest prices of a good, service, or asset in a specific period.
Optimal Cost
The lowest possible cost at which a particular operation, process, or activity can be performed efficiently without sacrificing quality or outcome.
Double-subscripted Variables
Variables in mathematical modeling or data analysis denoted with two subscripts, indicating their position in a matrix or their relationship between two sets.
Material Balance Equation
An equation used in chemical engineering to relate the quantities of materials entering and leaving a process.
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