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5 Results for Tag: scarcity

Narrow Basis

Narrow Basis What is 'Narrow Basis' A condition found in futures markets in which the spot price of underlying commodities is close to the futures price of the same contract. Explaining

Scarcity Principle

Scarcity Principle The Scarcity Principle, like other principles of economics, comes from the principles of psychology and behavioral sciences. As per the simplest definition, it states that

Backorder

Backorder What is 'Backorder' An order for a good or service that cannot be filled at the current time due to a lack of available supply. The higher the number of items backordered, the hi

Bag Man

Bag Man What is 'Bag Man' Any person in charge of organizing, collecting and transporting money, generally in connection with illegal or illicit activities. A bag man is someone who collec

J. Harold Chandler

J. Harold Chandler What is 'J. Harold Chandler' The current COO of Univers Workplace Benefits and a former president, CEO and chairman of disability insurance provider Unum Provident. In 1