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<strong>GUI</strong> - Graphical User Interface. The MDHE' s FAMOUS system is comprised of three GUis, one for each of the following: 1) postsecondary institutions (PSis), 2) high schools, and 3) the MDHE.
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cross-subsidization (Ll, L3)<br />The financing of an unprofitable part of an enterprise by a more profitable part. A public enterprise, instead of following the rule of attributing costs properly to each division to make each part of that enterprise individually financially accountable, could allow the profitable divisions to finance loss-making divisions. In the private sector, cross-subsidization occurs within firms if some of their products are sold at less than incremental cost. To ensure maximum efficiency, firms should avoid this practice as far as possible.
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- (1981) Essays in Trespassing: Economics to Politics and Beyond, Cambridge: Cambridge University Press.
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