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contribution standard (D3)<br />A principle of income distribution that asserts that the productivity of different kinds of resources should determine income distribution. This principle is derived from the MARGINAL PRODUCflVITY THEORY of distribution and is criticized on the grounds that it is very difficult to apply as a factor of production's own productivity is often inseparable from others.<br /><em>See also:</em> equality standard
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<strong>Application Send File</strong> – The CommonLine file type used to send application information to guarantors and/or other entities so that FFEL Program loans may be guaranteed and disbursed.
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inverse elasticity rule (DO)<br />This states that the PRICE ELASTICITY OF DEMAND for a good is inversely proportional to price minus marginal cost divided by price (if all CROSS PRICE ELASTICITIES OF DEMAND are ignored). Thus the margin between price and cost is large when elasticity is small: under MONOPOLY, there will be a very INELASTIC demand and the ability to make SUPERNORMAL PROFITS.<br /><em>See also:</em> Lerner index
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