Faster access than browser!
8 relations: Bluefin tuna, Economic rent, Economic surplus, Economy, Partial equilibrium, Price, Snob effect, Supply and demand.
Bluefin tuna
Bluefin tuna is a common name used to refer to several species of tuna of the genus Thunnus.
New!!: Scarcity value and Bluefin tuna · See more »
Economic rent
In economics, economic rent is any payment to an owner or factor of production in excess of the costs needed to bring that factor into production.
New!!: Scarcity value and Economic rent · See more »
Economic surplus
In mainstream economics, economic surplus, also known as total welfare or Marshallian surplus (after Alfred Marshall), refers to two related quantities.
New!!: Scarcity value and Economic surplus · See more »
Economy
An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.
New!!: Scarcity value and Economy · See more »
Partial equilibrium
Partial equilibrium is a condition of economic equilibrium which takes into consideration only a part of the market, ceteris paribus, to attain equilibrium.
New!!: Scarcity value and Partial equilibrium · See more »
Price
In ordinary usage, a price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.
New!!: Scarcity value and Price · See more »
Snob effect
The snob effect is a phenomenon described in microeconomics as a situation where the demand for a certain good by individuals of a higher income level is inversely related to its demand by those of a lower income level.
New!!: Scarcity value and Snob effect · See more »
Supply and demand
In microeconomics, supply and demand is an economic model of price determination in a market.
New!!: Scarcity value and Supply and demand · See more »
