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domestic resource cost (D2)<br />The OPPORTUNITY COST of using a FACTOR OF PRODUCTION to produce one unit of output, divided by the international value added by producing that unit. This is used as an alternative measure to the EFFECTrvE RATE OF PROTECTION. A firm making most of the sales of an industry and often a price leader. There are many firms of this type in oligopolistic industries.<br /><em>See also:</em> competitive fringe
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<strong>DAAR</strong> – Default Aversion Assistance Request, the request sent by the lender to the MDHE to request DAA when a borrower is more than 60 days delinquent.
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marginal cost pricing (D4)<br />Setting a price so that it is equal to the marginal cost of producing that good or service. It is justified on the grounds of maximizing social efficiency. In practice, there are difficulties in following this rule.<br /> Deficits can arise for a firm with declining average total costs, and consequently falling marginal costs, as prices, if set equal to marginal costs, would fail to cover fixed costs. However, these can be covered separately - by government subsidy or by a TWOPART TARIFF, part of which would be the 'price of entry' to the market, e.g. a telephone rental can cover fixed costs and the charge for calls marginal costs. Price set equal to margin cost <br /><em>Reference</em><br />Rees, R. (1984) Public Enterprise Economics, ch. 5, London: Weidenfeld & Nicolson.
<strong>Template</strong> – Feature within MODEL Direct allowing a school to establish common values, such as loan period dates, that can be applied to multiple loans being certified.
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