the price that maximizes a defined cost function(e.g.,the company's margin), considering many different factors to suggest such price or price range for different scenarios. Depending on the particular use case, this can indeed be performed in a dynamic way, and thus combining dynamic pricing...
The term poverty refers to the state or condition in which people or communities lack the financial resources and other essentials for a minimumstandard of living. As such, they cannot meet their basic human needs. People and families who live in poverty may go without proper housing, clean wa...
Arid zones are generally defined as regions with insufficient water balance, characterized by low precipitation that is insufficient to meet the needs of vegetation and soil, leading to dry soil and water scarcity (Chen et al., 2018). This study adheres to the principles of the Köppen ...
virology. It is argued here that the lack of clarity in the denotation of the term ‘Ebola’ (in epidemiological reports from West Africa throughout 2014–2016) serves the purpose of shifting a receptor’s understanding of a statement from its explicit assertive point to an implicit declarative,...
It is the opposite reaction induced in a component to resist its deformation during the application of load into the element. The stress can be calculated easily by the fraction of the applied load to the area of the component. The stress-induced in the body is linearly varying with the ...
(2020)). Our coefficient of interest, β1, captures the elasticity of demand for public equity with respect to private firm transparency. That is, the log-on-log specification allows us to interpret the coefficient as the percentage increase in global investor demand for public equity associated...
Behavioral and regulatory features can be used for segmentation, complemented by advanced analytics and expert judgment. Core balance modeling. Banks must determine their long-term stable balances, taking into consideration migration between current accounts, term deposits, and savings deposits. De...
In economics, elasticity can be quantified as a ratio to measure the percentage change of one variable in response to a change in another variable. Here, the former variable is specified as mining. The coefficient is defined as follows: Ei=∂y∂xyx, Ei=∂y∂xyx, (6) where E ...
GDP can be computed on a nominal basis or a real basis, the latter accounting forinflation. Overall, real GDP is a better method for expressing long-term national economic performance since it usesconstant dollars. Let’s say one country had a nominal GDP of $100 billion in 2014. By 2024...
How is the quantity weight defined?Weight:The weight is different from the mass of an object. The weight of an object can differ but its mass remains constant at all places. For the same object, the weight on the moon is less than the weight on the earth....