Ads
related to: excel indirect function exampleamazon.com has been visited by 1M+ users in the past month
Search results
Results from the Tech24 Deals Content Network
Indirect utility function. In economics, a consumer's indirect utility function gives the consumer's maximal attainable utility when faced with a vector of goods prices and an amount of income . It reflects both the consumer's preferences and market conditions. This function is called indirect because consumers usually think about their ...
A two-input Cobb–Douglas production function with isoquants. In economics and econometrics, the Cobb–Douglas production function is a particular functional form of the production function, widely used to represent the technological relationship between the amounts of two or more inputs (particularly physical capital and labor) and the ...
A function f and its inverse f −1. Because f maps a to 3, the inverse f −1 maps 3 back to a. In mathematics, the inverse function of a function f (also called the inverse of f) is a function that undoes the operation of f. The inverse of f exists if and only if f is bijective, and if it exists, is denoted by. For a function , its inverse ...
Indirect costs are costs that are not directly accountable to a cost object (such as a particular project, facility, function or product). Like direct costs, indirect costs may be either fixed or variable.
The cash flow statement (previously known as the flow of funds statement ), shows the sources of a company's cash flow and how it was used over a specific time period. It is an important indicator of a company's financial health, because a company can report a profit on its income statement, but at the same time have insufficient cash to operate. [2] [3] The cash flow statement reveals the ...
Expenditure function. In microeconomics, the expenditure function gives the minimum amount of money an individual needs to spend to achieve some level of utility, given a utility function and the prices of the available goods. Formally, if there is a utility function that describes preferences over n commodities, the expenditure function.
For example, if the demand function has the form then the inverse demand function would be . [5] Note that although price is the dependent variable in the inverse demand function, it is still the case that the equation represents how the price determines the quantity demanded, not the reverse.
Iterative method. In computational mathematics, an iterative method is a mathematical procedure that uses an initial value to generate a sequence of improving approximate solutions for a class of problems, in which the n -th approximation is derived from the previous ones. A specific implementation with termination criteria for a given ...
Ads
related to: excel indirect function exampleamazon.com has been visited by 1M+ users in the past month