Midpoint Method 113, 116

opportunity set 524

minimum wage 94, 481

Organization of Petroleum

model 17

Mollie Orshansky 360

monetary policy 16

Exporting Countries (OPEC)

250

output 249

money-back guarantee 392

Oxfam International 476

monopolistic competition 238

monopoly 216, 267

monopsony 333

Moody’s 417

Moral hazard 396

municipal bond 410

mutual funds 420

N
National Academy of

Engineering 316

P
partnership 411

patent 219, 313

Patient Protection and

Affordable Care Act (PPACA)

400

Patient Protection and

Affordable Care Act (PPACA)

387

Pension insurance 395

National Academy of Sciences

perfect competition 188

316

National Association of

perfect elasticity 117

perfect inelasticity 117

marginal cost 167, 170, 193,

Insurance Commissioners 399

perfectly competitive firm 188,

224, 270

marginal cost curve 292

marginal cost curves 287

marginal cost of labor 333

marginal product 164

Marginal profit 227

National Education Association

189, 204, 221
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