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In economics, deadweight loss is the loss of societal economic welfare due to production/consumption of a good at a quantity where marginal benefit (to society) does not equal marginal cost (to society) – in other words, there are either goods being produced despite the cost of doing so being larger than the benefit, or additional goods are not being produced despite the fact that the ...
Methadone maintenance treatment (MMT) cost analyses often compare the cost of clinic visits versus the overall societal costs of illicit opioid use. [ 99 ] [ 100 ] A preliminary cost analysis conducted in 2016 by the US Department of Defense determined that methadone treatment, which includes psychosocial and support services, may cost an ...
ChatGPT is a chatbot and virtual assistant developed by OpenAI and launched on November 30, 2022. Based on large language models (LLMs), it enables users to refine and steer a conversation towards a desired length, format, style, level of detail, and language.
Raymond Kurzweil (/ ˈ k ɜːr z w aɪ l /, KURZ-wyle; born February 12, 1948) is an American computer scientist, author, entrepreneur, futurist, and inventor.He is involved in fields such as optical character recognition (OCR), text-to-speech synthesis, speech recognition technology and electronic keyboard instruments.
A consumer price index compares how much it would cost now to do exactly what consumers did in the reference period with what it cost then. Application of the principle thus requires that the index for our one house owner reflect the movement of the prices of houses like hers from 2006 to 2007 and the change in interest rates.
Direct marketing is a form of communicating an offer, where organizations communicate directly to a pre-selected [1] customer and supply a method for a direct response. Among practitioners, it is also known as direct response marketing.
The helium nuclei that form 10–12% of cosmic rays, are also usually of much higher energy than those produced by radioactive decay and pose shielding problems in space. However, this type of radiation is significantly absorbed by the Earth's atmosphere, which is a radiation shield equivalent to about 10 meters of water. [7]
ConsumerAffairs is an American customer review and consumer news platform that provides information for purchasing decisions around major life changes or milestones. [5] The company's business-facing division provides SaaS that allows brands to manage and analyze review data to improve their products and customer service.