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  2. Economics terminology that differs from common usage

    en.wikipedia.org/wiki/Economics_terminology_that...

    The economics term cost, also known as economic cost or opportunity cost, refers to the potential gain that is lost by foregoing one opportunity in order to take advantage of another. The lost potential gain is the cost of the opportunity that is accepted.

  3. Sharing economy - Wikipedia

    en.wikipedia.org/wiki/Sharing_economy

    The sharing economy is a socio-economic system whereby consumers share in the creation, production, distribution, trade and consumption of goods, and services. These systems take a variety of forms, often leveraging information technology and the Internet, particularly digital platforms, to facilitate the distribution, sharing and reuse of excess capacity in goods and services.

  4. 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 ...

  5. Redox - Wikipedia

    en.wikipedia.org/wiki/Redox

    Example of a reduction–oxidation reaction between sodium and chlorine, with the OIL RIG mnemonic [1] Redox (/ ˈ r ɛ d ɒ k s / RED-oks, / ˈ r iː d ɒ k s / REE-doks, reduction–oxidation [2] or oxidation–reduction [3]: 150 ) is a type of chemical reaction in which the oxidation states of the reactants change. [4]

  6. Oxidizing agent - Wikipedia

    en.wikipedia.org/wiki/Oxidizing_agent

    The international pictogram for oxidizing chemicals. Dangerous goods label for oxidizing agents. An oxidizing agent (also known as an oxidant, oxidizer, electron recipient, or electron acceptor) is a substance in a redox chemical reaction that gains or "accepts"/"receives" an electron from a reducing agent (called the reductant, reducer, or electron donor).

  7. Oxidoreductase - Wikipedia

    en.wikipedia.org/wiki/Oxidoreductase

    For example, an enzyme that catalyzed this reaction would be an oxidoreductase: A – + B → A + B – In this example, A is the reductant (electron donor) and B is the oxidant (electron acceptor). In biochemical reactions, the redox reactions are sometimes more difficult to see, such as this reaction from glycolysis:

  8. Glossary of stock market terms - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_stock_market_terms

    Greenshoe: A special arrangement in a share offering, for example an IPO, which enables the investment bank representing the underwriters to support the share price after the offering without putting their own capital at risk. [5] Reverse greenshoe: a special provision in an IPO prospectus, which allows underwriters to sell shares back to the ...

  9. Market structure - Wikipedia

    en.wikipedia.org/wiki/Market_structure

    For example, if the 5-firm concentration ratio in the United States smart phone industry is about .8, which indicates that the combined market share of the five largest smart phone sellers in the United states is about 80 percent. Herfindahl index, The Herfindahl index defined as the sum of the squared market shares of all the firms in the ...

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