Keywords

#marginal_concepts

Marginal concepts

In economics, marginal concepts are associated with a specific change in the quantity used of a good or service, as opposed to some notion of the over-all significance of that class of good or service, or of some total quantity thereof.

Thu 10th

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Marginal concepts Marginal cost Marginalism Marginal rate of substitution Marginal utility Marginal Marginal revenue Margin (economics) Marginal product of labor Marginal product
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