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Fixed costs A consumer's continued purchasing of the same differentiated good for a considerable period of time. As firms benefit from a stable regular demand, they will make it an objective of their advertising to achieve this goal. Brand loyalty lowers the ELASTICITY oF DEMAND for a good and gives firms a measure of MONOPOLY POWER.<br /><em>See also:</em> monopolistic competition
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<strong>Student Aid Report (SAR)</strong> – The paper output record provided to the student after completing the FAFSA. The SAR contains the student' s EFC and results of federal database matches. The electronic version of the record, which is sent to the school, is called the ISIR.
cost of living index (J3)<br />Now termed in the UK the RETAI L PRICE INDEX. It shows changes in the cost of purchasing a bundle of goods and services representative of the average consumer. The Ministry of Labour and now its successor, the Department for Education and Employment, had to maintain this index as it is of crucial importance to wage bargaining.<br /><em>See also:</em> consumer price index
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