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

340

Perfectly Competitive Labor

National Institutes of Health
316

Market 328

perfectly elastic 239

national interest argument 488

Pew Research Center for People

National Labor Relations Act

and the Press 66

marginal rate of substitution

342

520

National Venture Capital

pie chart 510

pie graph 510
584 Index

pollution charge 287

property rights 289

social surplus 75

pork-barrel spending 441

protectionism 472, 476, 479

sole proprietorship 411

positive externalities 309

public company 411

positive externality 283

positive slope 503

positive statements 39

poverty 360

poverty line 360

poverty rate 360

poverty trap 363

predatory pricing 220, 267

premiums 394

present discounted value (PDV)

533

present value 416

price 31, 49, 54, 250

price cap regulation 270

price ceiling 71, 76
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