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  2. Utility maximization problem - Wikipedia

    en.wikipedia.org/wiki/Utility_maximization_problem

    Figure 3: This shows the utility maximisation problem with a minimum utility function. For a minimum function with goods that are perfect complements, the same steps cannot be taken to find the utility maximising bundle as it is a non differentiable function. Therefore, intuition must be used.

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  4. 2021–2023 global supply chain crisis - Wikipedia

    en.wikipedia.org/wiki/2021–2023_global_supply...

    Causes of the economic slowdown included workers becoming sick with COVID-19 as well as mandates and restrictions affecting the availability of staff. In cargo shipping, goods remained at port due to staffing shortages. The related global chip shortage has contributed to the supply chain crisis, specifically in the automobile and electronics ...

  5. Fair trade coffee - Wikipedia

    en.wikipedia.org/wiki/Fair_trade_coffee

    A brand of fair-certified coffee. The "Fair" logo is on the lower right of the packages. Fair trade coffee is coffee that is certified as having been produced to fair trade standards by fair trade organizations, which create trading partnerships that are based on dialogue, transparency and respect, with the goal of achieving greater equity in international trade.

  6. Possession of stolen goods - Wikipedia

    en.wikipedia.org/wiki/Possession_of_stolen_goods

    Possession of stolen goods is a crime in which an individual has bought, been given, or acquired stolen goods.. In many jurisdictions, if an individual has accepted possession of goods (or property) and knew they were stolen, then the individual may be charged with a crime, depending on the value of the stolen goods, and the goods are returned to the original owner.

  7. Free-rider problem - Wikipedia

    en.wikipedia.org/wiki/Free-rider_problem

    The free-rider problem in social science is the question of how to limit free riding and its negative effects in these situations. Such an example is the free-rider problem of when property rights are not clearly defined and imposed. [4] The free-rider problem is common with public goods which are non-excludable and non-rivalrous. Non ...

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  9. Freight rate - Wikipedia

    en.wikipedia.org/wiki/Freight_rate

    A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination.

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