marginal social benefit
71Microeconomics — The supply and demand model describes how prices vary as a result of a balance between product availability at each price (supply) and the desires of those with purchasing power at each price (demand). The graph depicts a right shift in demand… …
72Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… …
73Deadweight loss — created by a binding price ceiling. Producer surplus is necessarily decreased, while consumer surplus may or may not increase; however the decrease in producer surplus must be greater than the increase (if any) in consumer surplus. In economics,… …
74List of economics topics — This aims to be a complete list of the articles on economics. It does not include articles about economists, who are listed in the list of economists. NOTOC A * Accounting Accounting reform Actuary Adaptive expectations Adverse selection Agent… …
75Denmark — /den mahrk/, n. a kingdom in N Europe, on the Jutland peninsula and adjacent islands. 5,268,775; 16,576 sq. mi. (42,930 sq. km). Cap.: Copenhagen. * * * Denmark Introduction Denmark Background: Once the seat of Viking raiders and later a major… …
76native American — native American, adj. a person born in the United States. [1835 45, Amer.] * * * ▪ indigenous peoples of Canada and United States Introduction also called American Indian, Amerindian, Amerind, Indian, Aboriginal American, or First Nation… …
77Native American — Indian (def. 1). Usage. See Indian, Eskimo. * * * ▪ indigenous peoples of Canada and United States Introduction also called American Indian, Amerindian, Amerind, Indian, Aboriginal A …
78Privatization — Part of a series on Capitalism Concepts …
79FairTax — Part of a series on Taxation Taxation in the United States …
80land reform — any program, esp. when undertaken by a national government, involving the redistribution of agricultural land among the landless. [1840 50, Amer.] * * * Deliberate change in the way agricultural land is held or owned, the methods of its… …
