A key part of anyone’s online dating profile.
Also, a concept in economics. The total revenue test measures how elastic demand is for a particular product or service.
In a standard supply and demand model, changes in price will impact demand. The more expensive something is, the fewer units you will sell. For terms that respond dramatically to price charges (where even a little increase in price leads to a big drop in the number of units sold), demand is called "elastic." However, if a company can raise prices without leading to a bunch of customers walking away, then demand gets the label "inelastic." The increased prices didn't impact the number of items sold. So...the more inelastic the demand for a product, the more total revenue will rise following a price increase. The company has increased prices, but managed to sell the same number of items. That situation means more revenue.
It's kind of a Simple Simon smell test to see if a price increase worked. A company can see from its total revenue whether it got away with edging its prices higher.
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Finance: What Is a Real Return?67 Views
finance- a la shmoop. what is a real return? like is there a fake return? you
know like the news? well kinda .real return refers to an [man frowns talking to camera]
investment return mapped against inflation. so let's say you invest in a
bond that pays five percent a year for ten years and then pays you back your
principal .boring but nice- you know like a good doctor visit. your nominal return
over that period was 5% but since inflation was 3% a year during that
period on average your real return was only 2% a year- meaning that the
performance of your investment only eked out a 2% net gain against the price of [equation]
milk gas and you know knocked off iPhones. so don't be a chump who thinks
that they're making more money than they really are, and you know keep on keeping
it real. [man sitting in chair, talks to camera]
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