Average tax rate or effective tax rate is the share of income that …
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In economics, elasticity is the measure of how much buyers and sellers respond …
How to Calculate Elasticity of Demand.
Relative risk is a ratio of the probability of an event occurring in …
How to Calculate Relative Risk.
Aspect ratio is an image projection attribute that describes the proportional relationship between …
How to Calculate Aspect Ratio.
Utility is the satisfaction or benefit derived by consuming a product. Marginal utility …
How to Calculate Marginal Utility.
The overhead rate is the amount your business spends on making a product …
How to Calculate Overhead Rate.
What is Gross Profit? Prior to discussing how to calculate gross profit ratio, …
How to Calculate Gross Profit Ratio.
An exchange rate is the value of a country’s currency versus that of …
How to Calculate Exchange Rate.
Prior to discussing how to calculate labor productivity, let us begin by defining …
How to Calculate Labor Productivity.
The gear ratio is the ratio of the number of turns the output …
How to Calculate Gear Ratio.
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