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  2. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...

  3. Price gouging - Wikipedia

    en.wikipedia.org/wiki/Price_gouging

    Price gouging is a pejorative term for the practice of increasing the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair by some. This commonly applies to price increases of basic necessities after natural disasters. Usually, this event occurs after a demand or supply shock.

  4. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    P2B – Platform to Business [12] PA – Purchasing agent or Personal Assistant; PA – Promotional Activity [citation needed] PAT – Profit After Tax; PBT – Profit Before Tax; P/E – Price-to-earnings ratio; PE – Private Equity; PEG – Price-to-earnings growth ratio; PHEK – Planherstellungskosten (Product Planning cost) PFI ...

  5. Glossary of stock market terms - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_stock_market_terms

    Ask price or Ask: the lowest price a seller of a stock is willing to accept for a share of that given stock. [2] Bear market: a general decline in the stock market ...

  6. Dynamic pricing - Wikipedia

    en.wikipedia.org/wiki/Dynamic_pricing

    A changeable prices menu at a fast food stand on Emek Refaim Street in Jerusalem. Dynamic pricing, also referred to as surge pricing, demand pricing, or time-based pricing, and variable pricing, is a revenue management pricing strategy in which businesses set flexible prices for products or services based on current market demands.

  7. Business letter - Wikipedia

    en.wikipedia.org/wiki/Business_letter

    Business letters can have many types of content, for example to request direct information or action from another party, to order supplies from a supplier, to point out a mistake by the letter's recipient, to reply directly to a request, to apologize for a wrong, or to convey goodwill. A business letter is sometimes useful because it produces a ...

  8. 20 iconic slang words from Black Twitter that shaped pop culture

    www.aol.com/20-iconic-slang-words-black...

    Since Elon Musk's acquisition of the platform in October 2022, X saw an increase in hateful posts and failed to moderate almost all of them on verified accounts.

  9. Price point - Wikipedia

    en.wikipedia.org/wiki/Price_point

    The diagram shows price points at the points labeled A, B, and C. When a vendor increases a price beyond a price point (say to a price slightly above price point B), sales volume decreases by an amount more than proportional to the price increase. This decrease in quantity demanded more than offsets the additional revenue from the increased ...