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limit price (D4)<br />The highest common price set by a group of sellers colluding together that they believe they can charge without new firms seeking to enter that industry in search of high profits.
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Mandeville, Bernard, 16 70-1 733 (B3) Dutch doctor of medicine and essayist who, after acquiring a doctorate in medicine at the University of Leiden in 1691, settled in London. In a series of poems and essays compiled as The Fable of the Bees (1714, 1724) he demonstrated that private vices such as vanity, fraud and theft promote the public good by providing much employment. In a sense he anticipated the INVISIBLE HAND principle of SMITH and the LAISSEZ-FAIRE Views of some classical economists.<br /><em>Reference</em><br />Hayek, F. A. (1966) 'Mandeville', Proceedings of the British Academy 52: 125-41. Mandeville, B. (1970) The Fable of the Bees, ed. P. Harth, Harmondsworth: Penguin.
Household characteristics<br />Expenditure<br />Income<br />Regional characteristics<br />Regional expenditure<br />Regional income.
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<strong>FAT</strong> – Financial Aid Transcript, an official record of federal financial aid a student has received at schools the student previously attended.
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