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  2. Economic equilibrium - Wikipedia

    en.wikipedia.org/wiki/Economic_equilibrium

    The equilibrium price in the market is $5.00 where demand and supply are equal at 12,000 units; If the current market price was $3.00 – there would be excess demand for 8,000 units, creating a shortage. If the current market price was $8.00 – there would be excess supply of 12,000 units.

  3. Propositional formula - Wikipedia

    en.wikipedia.org/wiki/Propositional_formula

    Propositional formula. In propositional logic, a propositional formula is a type of syntactic formula which is well formed. If the values of all variables in a propositional formula are given, it determines a unique truth value. A propositional formula may also be called a propositional expression, a sentence, or a sentential formula .

  4. Arithmetic mean - Wikipedia

    en.wikipedia.org/wiki/Arithmetic_mean

    The arithmetic mean of a set of observed data is equal to the sum of the numerical values of each observation, divided by the total number of observations. Symbolically, for a data set consisting of the values , the arithmetic mean is defined by the formula: [2] (For an explanation of the summation operator, see summation .)

  5. Glossary of mathematical symbols - Wikipedia

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

    3. Between two groups, may mean that the first one is a proper subgroup of the second one. > (greater-than sign) 1. Strict inequality between two numbers; means and is read as "greater than". 2. Commonly used for denoting any strict order. 3. Between two groups, may mean that the second one is a proper subgroup of the first one. ≤ 1.

  6. Volatility (finance) - Wikipedia

    en.wikipedia.org/wiki/Volatility_(finance)

    Volatility (finance) In finance, volatility (usually denoted by "σ") is the degree of variation of a trading price series over time, usually measured by the standard deviation of logarithmic returns . Historic volatility measures a time series of past market prices. Implied volatility looks forward in time, being derived from the market price ...

  7. At sign - Wikipedia

    en.wikipedia.org/wiki/At_sign

    At sign. The at sign, @, is an accounting and invoice abbreviation meaning "at a rate of" (e.g. 7 widgets @ £ 2 per widget = £14), [ 1] now seen more widely in email addresses and social media platform handles. It is normally read aloud as "at" and is also commonly called the at symbol, commercial at, or address sign .

  8. Cross elasticity of demand - Wikipedia

    en.wikipedia.org/wiki/Cross_elasticity_of_demand

    Economics. In economics, the cross (or cross-price) elasticity of demand measures the effect of changes in the price of one good on the quantity demanded of another good. This reflects the fact that the quantity demanded of good is dependent on not only its own price ( price elasticity of demand) but also the price of other "related" good.

  9. Pound sign - Wikipedia

    en.wikipedia.org/wiki/Pound_sign

    The £ grapheme in a selection of fonts. The pound sign ( £) is the symbol for the pound unit of sterling – the currency of the United Kingdom and its associated Crown Dependencies and British Overseas Territories and previously of Great Britain and of the Kingdom of England. The same symbol is used for other currencies called pound, such as ...