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  2. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.

  3. Guns versus butter model - Wikipedia

    en.wikipedia.org/wiki/Guns_versus_butter_model

    In macroeconomics, the guns versus butter model is an example of a simple production–possibility frontier. It demonstrates the relationship between a nation's investment in defense and civilian goods. The "guns or butter" model is used generally as a simplification of national spending as a part of GDP. This may be seen as an analogy for ...

  4. AM–GM inequality - Wikipedia

    en.wikipedia.org/wiki/AM–GM_inequality

    Visual proof that (x + y)2 ≥ 4xy. Taking square roots and dividing by two gives the AM–GM inequality. [1] In mathematics, the inequality of arithmetic and geometric means, or more briefly the AM–GM inequality, states that the arithmetic mean of a list of non-negative real numbers is greater than or equal to the geometric mean of the same ...

  5. 20 Businesses With the Best Military Discounts - AOL

    www.aol.com/20-businesses-best-military...

    Yeti uses the ID.me program, which integrates military discounts in one streamlined location and offers 20% off on select products. Read: 16 Splurges That Save You Money in the Long Run.

  6. Pentagon finds another $2 billion of accounting errors for ...

    www.aol.com/news/pentagon-finds-another-2...

    In one example cited in the GAO report, 10 vehicles were valued at $7,050,000 when the supporting documentation showed they should have been valued at zero, their net book value.

  7. Price elasticity of demand - Wikipedia

    en.wikipedia.org/wiki/Price_elasticity_of_demand

    A good's price elasticity of demand ( , PED) is a measure of how sensitive the quantity demanded is to its price. When the price rises, quantity demanded falls for almost any good ( law of demand ), but it falls more for some than for others. The price elasticity gives the percentage change in quantity demanded when there is a one percent ...

  8. GM Defense - Wikipedia

    en.wikipedia.org/wiki/GM_Defense

    GM Defense is the military product subsidiary of General Motors, headquartered in Concord, North Carolina. It focuses on defense industry needs with hydrogen fuel cell and other advanced mobility technologies. [ 2] GM Defense projects include SURUS (Silent Utility Rover Universal Superstructure), an autonomous modular platform joint project ...

  9. Glossary of mathematical symbols - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_mathematical...

    A mathematical symbol is a figure or a combination of figures that is used to represent a mathematical object, an action on mathematical objects, a relation between mathematical objects, or for structuring the other symbols that occur in a formula. As formulas are entirely constituted with symbols of various types, many symbols are needed for ...

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