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

The economics of information

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