Confidentiality

Agreement An agreement which precedes any contract with an outsourcing agency. It says that your secrets will not be revealed […]

Conscientiousness

Conscientiousness is a trait that is commonly associated with awareness. Typically, conscientious people are well organised, demonstrate self-control and can […]

Consigned goods

Merchandise that is not owned by the party in possession of the goods. For example, a craftsperson might have produced […]

Conspicuous consumption

The purchase of goods or services to publicly display one’s social and economic status.

Constant prices

Prices corrected for increases in prices (inflation) or decreases in prices (deflation) so that a unit of currency represents the […]

Constant returns to scale

These occur when doubling all of the inputs to a production process doubles the output. The shape of a firm’s […]

Constrained choice problem

This problem is about how we can do the best for ourselves, given our preferences and constraints, and when the […]

Constrained optimization problem

Problems in which a decision-maker chooses the values of one or more variables to achieve an objective (such as maximizing […]