Media

Communications channels that convey messages, such as radio, TV, magazines, direct mail.

Median voter

If voters can be lined up along a single more-versus-less dimension (such as preferring higher or lower taxes, more or […]

Median voter model

An economic model of the location of businesses applied to the positions taken in electoral platforms when two parties compete […]

Medium run (model)

The term does not refer to a period of time, but instead to what is exogenous. In this case capital […]

Megabyte

A million bytes. Disks are rated in megabytes.

Member

in the context of a limited liability company, an individual or group that has partial ownership in the LLC

Memory

The amount of information that a computer can hold in its head while it is doing work. The more memory, […]

Mentorship

A mentor may share with a mentee (or protege) information about his or her own career path, as well as […]

Menu costs

The resources used in setting and changing prices.

Merchandise trade

Trade in tangible products that are physically shipped across borders.