Business Symbols & Abbreviations

18 Oct

Common Business, Economics, and Finance

Symbols & Abbreviations

 

 

Symbol & Abbreviation Meaning
Δ Change or Difference (ΔQ means the change in Quantity Demanded from time 1 to time 2
+ Plus, Rise, Goes Up, Increases, Add
Minus, Fall, Goes Down, Decreases, Subtract
QD Quantity Demanded (The number of products the consumers want and can purchase)
QS Quantity Supplied (The number of products the suppliers have available on the market)
P Profit
p price
± Plus or Minus. (QS = ±3 means that QS can either go up or down 3 depending on what you changed).
X < Y X is less than Y
X > Y X is more than Y | X is greater than Y
X the Vertical line on a graph
Y the Horizontal line on a graph

 

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