Discover Hotelling's Theory, which explains how owners of nonrenewable resources decide whether to extract and sell based on future price predictions and interest rates.

Pete Rathburn is a copy editor and fact-checker with expertise in economics and personal finance and over twenty years of experience in the classroom. Rent stabilization is a form of control over ...

Marginal utility helps set product pricing; high initial satisfaction decreases with more units. Some stores use bulk pricing when consumers value additional items less. Progressive taxes assume each ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as well ...

JOHANNESBURG, Sept 4 (Reuters) - Petredec, a leading liquefied petroleum gas (LPG) company, and South Africa's state-owned logistic firm Transnet have agreed a deal for bulk distribution of LPG using ...

Your working memory, cognitive flexibility, and self-regulation are core components of executive function (EF), an interrelated set of mental skills that lay the foundation for advanced cognitive ...

A production function describes the relationship between the quantity of inputs used in production and the quantity of output produced. A production function shows how inputs like labor and capital ...

With the grid connection of a large number of distributed photovoltaics (PVs), the structure and operation mode of the distribution network are changed. Detailed modeling of the distribution network ...

Abstract: The distribution of feature vectors plays a critical role in image registration. In this letter, we propose a novel approach for remote sensing image registration based on marginal ...