heat energy transmitted by electromagnetic waves in contrast to heat transmitted by conduction or convection. A molecule of carbon dioxide traps heat, radiant heat, the long wave end of the spectrum. The substances, how-r, which show themselves thus opaque to radiant heat perfectly transparent to light.
Interchange plus pricing for credit card acceptance is where a merchant service provider's fee is added to Visa, MasterCard or Discover's actual rate for each transaction.n an interchange plus pricing model, a fixed markup in the form of a percentage (or basis points) is added to the actual interchange rate for a given transaction.
Equilibrium Price When a product exchange occurs, the agreed upon price is called an equilibrium price, or a market clearing price. Graphically, this price occurs at the intersection of demand and supply as presented in Figure 1. In Figure 1, both buyers and sellers are willing to exchange the quantity Q at the price P.