The economics of information

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jautājums English atbilde English
academicians
sākt mācīties
members of academy
resource
sākt mācīties
a useful or valuable possession of something
slum dwelling
sākt mācīties
very poor place to live
commodity
sākt mācīties
a substance or product that can be traded, bought, or sold
datum
sākt mācīties
single piece of information
hostility
sākt mācīties
situation when someone is unfriendly
tariff
sākt mācīties
list of charges either for services or on goods entering a country
monopolist
sākt mācīties
company that have monopoly
neglect
sākt mācīties
to not give enough attention to things that you are responsible for
perimissible
sākt mācīties
allowed
aspect
sākt mācīties
one part of a situation
viewpoint
sākt mācīties
a place from where we can observe something
ascertain
sākt mācīties
to discover something
varying frequency
sākt mācīties
different frequencies
completely centralized market
sākt mācīties
when the market is controlled by one authority
quote
sākt mācīties
to repeat the words that someone else has said
canvass
sākt mācīties
to try to get political support or votes
phenomenon
sākt mācīties
something unusual that exists and can be seen
disperce
sākt mācīties
to spread across or move away over a large area
uniquitous
sākt mācīties
seeming to be everywhere
homogeneous goods
sākt mācīties
goods that are similar to each other or are of the same type
deviation
sākt mācīties
the action of doing something that is different from the usual
anthracite
sākt mācīties
a very hard type of coal that burns slowly and produces a lot of heat with very little smoke and a small flame
price dispertion
sākt mācīties
variation in prices across sellers of the same item, holding fixed the item's characteristics
homogeneity
sākt mācīties
something that is consisting of parts that are similar to each other
metaphysical
sākt mācīties
part of philosophy which is about understanding existence
fruitless
sākt mācīties
unsuccessful or produces nothing of value
heterogeneity
sākt mācīties
something that is consisting of parts that are different to each other
primitive
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something that is at very early stage of development
skewed
sākt mācīties
not accurate or exact
reproducible goods
sākt mācīties
goods that are able to be made again
rectangular
sākt mācīties
shaped as a rectangle
algebraic simplicity
sākt mācīties
the fact that algebra is easy to understand
yield
sākt mācīties
to produce something positive
diminish
sākt mācīties
to reduce the size or importance
distribution
sākt mācīties
the process of giving things out to several people
apparent
sākt mācīties
able to be understood
approximate
sākt mācīties
when something is close to particular number but not quite
quantity
sākt mācīties
the amount of something
reduction in price
sākt mācīties
decrease in price
expenditure
sākt mācīties
the total amount of money that a government or person spends
defer
sākt mācīties
to delay something
Proportional
sākt mācīties
when two things change at the same rate so that the relationship between them does not change
Marginal return
sākt mācīties
is the rate of return for a marginal increase in investment
optimum
sākt mācīties
the best
engage
sākt mācīties
to interest someone in something and keep them involved
unique
sākt mācīties
special in some way
empirical
sākt mācīties
based on what is experienced or seen rather than on theory
fraction
sākt mācīties
a small part of something
hundredfold
sākt mācīties
a hundred times as big or as much
prohibition
sākt mācīties
not allowing something
levy
sākt mācīties
an amount of money(tax) that you have to pay to a government
circulation
sākt mācīties
the process in which something is passed from one person to another
alternative
sākt mācīties
plan that you can use if the first plan is a failure
implicitly
sākt mācīties
in a way that is suggested but not communicated directly
divisible
sākt mācīties
that can be divided
higgling
sākt mācīties
discrimination
inquire
sākt mācīties
to ask for information
demand curve
sākt mācīties
is a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time
uniform
sākt mācīties
the same
reciprocal
sākt mācīties
behave in the same way or agree to help each other
returns to scale
sākt mācīties
describe what happens to long run returns as the scale of production increases, when all input levels including physical capital usage are variable
consistent
sākt mācīties
always behaving in the same way(positive)
inconsistent
sākt mācīties
not always behaving in the same way(not positive)
determinant
sākt mācīties
something that controls or affects what happens in a particular situation
unambitious
sākt mācīties
expressed in a way that makes it completely clear
repetitive
sākt mācīties
doing the same thing several times
correlation
sākt mācīties
a connection between two or more facts
initial
sākt mācīties
of or at the beginning
undertake
sākt mācīties
to begin doing something difficult
handful
sākt mācīties
a small number of things
patronage
sākt mācīties
the power of a person to give someone an position
goodwill
sākt mācīties
part of a company's value that includes things that cannot be directly measured
variance
sākt mācīties
the fact that two or more things are different
wholly
sākt mācīties
completely
fraction
sākt mācīties
the result from dividing thing by another
sheer
sākt mācīties
used to show how important a quality is
vanish
sākt mācīties
disapear
ceteris paribus
sākt mācīties
if everything else remains the same; other things being equal
pooling
sākt mācīties
the act of combining two things
in perpetuity
sākt mācīties
forever
remunerate
sākt mācīties
to pay someone for work or services
interest rate
sākt mācīties
is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed
obsolete
sākt mācīties
not in use any more
supply
sākt mācīties
to provide something that is wanted or needed
demand
sākt mācīties
to need something
dimention
sākt mācīties
a measurement of something in a particular direction
broker
sākt mācīties
a person who buys and sells foreign money
seldom
sākt mācīties
almost never
binomial
sākt mācīties
an expression that has two terms that are not the same
summarize
sākt mācīties
to express the most important facts
indicate
sākt mācīties
to show the point
incentive
sākt mācīties
something that encourages a person to do something
latter
sākt mācīties
near the end
exaggerated
sākt mācīties
seeming to be more important
comprehensible
sākt mācīties
able to be understood
assimilation
sākt mācīties
the process of becoming a part of something
elaborate
sākt mācīties
containing a lot of careful detail or many detailed parts
shoddy
sākt mācīties
badly and carelessly made
magniture
sākt mācīties
the large size or importance of something
studiously
sākt mācīties
in a way that is very careful and intentional
economise
sākt mācīties
to try to save money by reducing the amount that you are spending

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