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EQUIPMENT: One of the main categories of capital. Other categories are structures and inventories.

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AVERAGE REVENUE CURVE, PERFECT COMPETITION

A curve that graphically represents the relation between average revenue received by a perfectly competitive firm for selling its output and the quantity of output sold. Because average revenue is essentially the price of a good, the average revenue curve is also the demand curve for a perfectly competitive firm's output.

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APLS

BROWN PRAGMATOX
[What's This?]

Today, you are likely to spend a great deal of time at the confiscated property police auction seeking to buy either a weathervane with a cow on top or a box of multi-colored, plastic paper clips. Be on the lookout for mail order catalogs with hidden messages.
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This isn't me! What am I?

More money is spent on gardening than on any other hobby.
"Always make a total effort, even when the odds are against you."

-- Arnold Palmer

ROA
Return on Assets
A PEDestrian's Guide
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