Examlex
When quantity demanded exceeds quantity supplied at the current market price, the market has a shortage, and market price will likely rise in the future to eliminate the shortage.
Departmental Gross Profit
The profit made by individual departments within a company, calculated by subtracting the cost of goods sold from the sales revenue generated by each department.
Revenue
Income generated from normal business operations and includes discounts and deductions for returned merchandise.
Profit Center
A segment or part of a business directly responsible for its profits and losses.
Toy Department
A specialized retail section dedicated to selling toys and games.
Q8: If a good or service has only
Q11: According to classical macroeconomic theory,changes in the
Q15: Tax revenues increase in direct proportion to
Q20: In the 1970s and 1980s the U.S.dollar
Q21: Trade can only benefit a nation if
Q29: Economists argue that restrictions against ticket scalping
Q36: When the government has a deficit,a burden
Q57: Economists agree that trade ought to be
Q66: A tax on sellers shifts the supply
Q68: If something happens to alter the quantity