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question		réponse
academicians commencer à apprendre		members of academy
resource commencer à apprendre		a useful or valuable possession of something
slum dwelling commencer à apprendre		very poor place to live
commodity commencer à apprendre		a substance or product that can be traded, bought, or sold
datum commencer à apprendre		single piece of information
hostility commencer à apprendre		situation when someone is unfriendly
tariff commencer à apprendre		list of charges either for services or on goods entering a country
monopolist commencer à apprendre		company that have monopoly
neglect commencer à apprendre		to not give enough attention to things that you are responsible for
perimissible commencer à apprendre		allowed
aspect commencer à apprendre		one part of a situation
viewpoint commencer à apprendre		a place from where we can observe something
ascertain commencer à apprendre		to discover something
varying frequency commencer à apprendre		different frequencies
completely centralized market commencer à apprendre		when the market is controlled by one authority
quote commencer à apprendre		to repeat the words that someone else has said
canvass commencer à apprendre		to try to get political support or votes
phenomenon commencer à apprendre		something unusual that exists and can be seen
disperce commencer à apprendre		to spread across or move away over a large area
uniquitous commencer à apprendre		seeming to be everywhere
homogeneous goods commencer à apprendre		goods that are similar to each other or are of the same type
deviation commencer à apprendre		the action of doing something that is different from the usual
anthracite commencer à apprendre		a very hard type of coal that burns slowly and produces a lot of heat with very little smoke and a small flame
price dispertion commencer à apprendre		variation in prices across sellers of the same item, holding fixed the item's characteristics
homogeneity commencer à apprendre		something that is consisting of parts that are similar to each other
metaphysical commencer à apprendre		part of philosophy which is about understanding existence
fruitless commencer à apprendre		unsuccessful or produces nothing of value
heterogeneity commencer à apprendre		something that is consisting of parts that are different to each other
primitive commencer à apprendre		something that is at very early stage of development
skewed commencer à apprendre		not accurate or exact
reproducible goods commencer à apprendre		goods that are able to be made again
rectangular commencer à apprendre		shaped as a rectangle
algebraic simplicity commencer à apprendre		the fact that algebra is easy to understand
yield commencer à apprendre		to produce something positive
diminish commencer à apprendre		to reduce the size or importance
distribution commencer à apprendre		the process of giving things out to several people
apparent commencer à apprendre		able to be understood
approximate commencer à apprendre		when something is close to particular number but not quite
quantity commencer à apprendre		the amount of something
reduction in price commencer à apprendre		decrease in price
expenditure commencer à apprendre		the total amount of money that a government or person spends
defer commencer à apprendre		to delay something
Proportional commencer à apprendre		when two things change at the same rate so that the relationship between them does not change
Marginal return commencer à apprendre		is the rate of return for a marginal increase in investment
optimum commencer à apprendre		the best
engage commencer à apprendre		to interest someone in something and keep them involved
unique commencer à apprendre		special in some way
empirical commencer à apprendre		based on what is experienced or seen rather than on theory
fraction commencer à apprendre		a small part of something
hundredfold commencer à apprendre		a hundred times as big or as much
prohibition commencer à apprendre		not allowing something
levy commencer à apprendre		an amount of money(tax) that you have to pay to a government
circulation commencer à apprendre		the process in which something is passed from one person to another
alternative commencer à apprendre		plan that you can use if the first plan is a failure
implicitly commencer à apprendre		in a way that is suggested but not communicated directly
divisible commencer à apprendre		that can be divided
higgling commencer à apprendre		discrimination
inquire commencer à apprendre		to ask for information
demand curve commencer à apprendre		is a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time
uniform commencer à apprendre		the same
reciprocal commencer à apprendre		behave in the same way or agree to help each other
returns to scale commencer à apprendre		describe what happens to long run returns as the scale of production increases, when all input levels including physical capital usage are variable
consistent commencer à apprendre		always behaving in the same way(positive)
inconsistent commencer à apprendre		not always behaving in the same way(not positive)
determinant commencer à apprendre		something that controls or affects what happens in a particular situation
unambitious commencer à apprendre		expressed in a way that makes it completely clear
repetitive commencer à apprendre		doing the same thing several times
correlation commencer à apprendre		a connection between two or more facts
initial commencer à apprendre		of or at the beginning
undertake commencer à apprendre		to begin doing something difficult
handful commencer à apprendre		a small number of things
patronage commencer à apprendre		the power of a person to give someone an position
goodwill commencer à apprendre		part of a company's value that includes things that cannot be directly measured
variance commencer à apprendre		the fact that two or more things are different
wholly commencer à apprendre		completely
fraction commencer à apprendre		the result from dividing thing by another
sheer commencer à apprendre		used to show how important a quality is
vanish commencer à apprendre		disapear
ceteris paribus commencer à apprendre		if everything else remains the same; other things being equal
pooling commencer à apprendre		the act of combining two things
in perpetuity commencer à apprendre		forever
remunerate commencer à apprendre		to pay someone for work or services
interest rate commencer à apprendre		is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed
obsolete commencer à apprendre		not in use any more
supply commencer à apprendre		to provide something that is wanted or needed
demand commencer à apprendre		to need something
dimention commencer à apprendre		a measurement of something in a particular direction
broker commencer à apprendre		a person who buys and sells foreign money
seldom commencer à apprendre		almost never
binomial commencer à apprendre		an expression that has two terms that are not the same
summarize commencer à apprendre		to express the most important facts
indicate commencer à apprendre		to show the point
incentive commencer à apprendre		something that encourages a person to do something
latter commencer à apprendre		near the end
exaggerated commencer à apprendre		seeming to be more important
comprehensible commencer à apprendre		able to be understood
assimilation commencer à apprendre		the process of becoming a part of something
elaborate commencer à apprendre		containing a lot of careful detail or many detailed parts
shoddy commencer à apprendre		badly and carelessly made
magniture commencer à apprendre		the large size or importance of something
studiously commencer à apprendre		in a way that is very careful and intentional
economise commencer à apprendre		to try to save money by reducing the amount that you are spending

The economics of information

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