Tag: production
Earnings Before Interest, Depreciation, Amortization and Exploration (EBIDAX)
What is 'Earnings Before Interest, Depreciation, Amortization and Exploration - EBIDAX' An earnings metric used in the evaluation of oil, gas and...
Earned Income
What is 'Earned Income' Earned income is income derived from active participation in a trade or business, including wages, salary, tips, commissions...
Capitalism
Capitalism is one of the systems of political and economic governance that is based on the idea of private ownership of modes of production...
Imperfect Market
DefinitionIn economics, specifically general equilibrium theory, a perfect market is defined by several idealizing conditions, collectively called perfect competition. In theoretical models where conditions...
Eclectic Paradigm
DefinitionThe eclectic paradigm is a theory in economics and is also known as the OLI-Model or OLI-Framework. It is a further development of the...
Economic Capital
Define Economic Capital
Economic capital refers to the money that a business or individual has available to invest in new ventures or cover unexpected expenses....
Economies of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output...
X-Efficiency
What is 'X-Efficiency' X-efficiency is the degree of efficiency maintained by individuals and firms under conditions of imperfect competition. According to the...
E
What is 'E' A temporary fifth character suffix to a symbol for a stock traded on Nasdaq, indicating that the issuer is...
Labor Theory Of Value
Labor Theory Of Value What is the 'Labor Theory Of Value ' The labor theory of value was an early attempt...