BROWSE

4 Results for Tag: coffee

Saucer

DefinitionA saucer is a type of small dishware. While in the Middle Ages a saucer was used for serving condiments and sauces, currently the term is used to denote a small plate or shallow bo

Veblen Good

DefinitionVeblen goods are types of luxury goods for which the quantity demanded increases as the price increases, an apparent contradiction of the law of demand. Consumers actually prefer m

Fair Trade Price

Fair Trade Price What is 'Fair Trade Price' Fair trade price is the minimum price paid for certain agricultural products imported from developing countries. Fair trade is a movement that b

Gatekeeper

Gatekeeper What is 'Gatekeeper' Requirements that must be met before an individual can qualify for a long-term care plan. A person must qualify for the plan's benefits before he or she can