marginal supply
61Ramus — In anatomy, a branch, such as a branch of a blood vessel or nerve. For example, the ramus acetabularis arteriae circumflexae femoris medialis is the branch of an artery that goes to the socket of the hip joint. The plural of ramus is rami. * * *… …
62Minimum 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… …
63Oligopoly — An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). The word is derived, by analogy with monopoly , from the Greek ὀλίγοι (oligoi) few + πόλειν (pólein) to sell . Because there are …
64Diminishing returns — Economics …
65Principles of Economics (Marshall) — Principles of Economics [cite book |title=Principles of Economics| last=Marshall |first=Alfred| authorlink=Alfred Marshall |edition=Revised Edition |year=1920 |location=London |publisher=Macmillan; reprinted by Prometheus Books |isbn=1573921408]… …
66Laffer curve — In economics, the Laffer curve is used to illustrate the idea that increases in the rate of taxation may sometimes decrease tax revenue. Since a 100 percent income tax will generate no revenue (as citizens will have no incentive to work), the… …
67India — /in dee euh/, n. 1. Hindi, Bharat. a republic in S Asia: a union comprising 25 states and 7 union territories; formerly a British colony; gained independence Aug. 15, 1947; became a republic within the Commonwealth of Nations Jan. 26, 1950.… …
68Effect of taxes and subsidies on price — Taxes and subsidies have the effect of shifting the quantity and price of goods. Tax impact A marginal tax on the sellers of a good will shift the supply curve to the left until the vertical distance between the two supply curves is equal to the… …
69Bertrand competition — is a model of competition used in economics, named after Joseph Louis François Bertrand (1822 1900). Specifically, it is a model of price competition between duopoly firms which results in each charging the price that would be charged under… …
70Ontario electricity policy — refers to plans, legislation, incentives, guidelines, and policy processes put in place by the Government of the Province of Ontario, Canada, to address issues of electricity production, distribution, and consumption. Policymaking in the… …
