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A price represents the intersection of supply and demand for a given good.
Cournot was the first economist to define and draw a demand curve to illustrate the relationship between price of and demand for a given item.
A fourth source of profits is sudden shifts in demand for a given product so-called windfall product so-calledy be accompanied by losses elsewindfall
If each household has its own refrigerator, air-conditioner, TV and car, the average energy demand for a given number of people goes up as the average number of people in a household goes down.
When there is a menu, the most that people will reveal about their demand for a given product is whether or not they are willing to buy at the listed price.
It expresses the probability that a system experiences a certain level of demand for a given IM level.
Similar(42)
Overcommitted individuals are proposed to work harder than those demanded for a given task.
In this paper, we have presented a resource allocation method that maximizes the ergodic weighted-sum rate of a multiuser mobile WiMAX while satisfying user's specific minimum rate demand and system fairness requirement for a given power budget.
Total CO2 emissions reduction is overestimated by up to 40% by the analyses completed using coarse demand data for a given micro-CHP generator capacity.
Rival companies could keep tabs on which factories were being used, or how much demand there was for a given product.
This function defines the DER's electricity demand d(p) for a given price p. An offer to produce a certain amount of electricity against a certain price is expressed by negative d(p) value.
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Justyna Jupowicz-Kozak
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