Examples of 'marginal benefit' in a sentence
Meaning of "marginal benefit"
Marginal benefit: The additional or incremental benefit derived from an increase in the level of an activity, decision, or investment
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- The extra benefit received from a unit increase in the consumption of a good or service. It is calculated as the increase in total benefit divided by the increase in consumption.
How to use "marginal benefit" in a sentence
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marginal benefit
This is the marginal benefit in terms of dollars.
Marginal utility and marginal benefit.
Of the marginal benefit to the consumers.
A demand curve is a marginal benefit curve.
Marginal benefit is equal to the social marginal cost.
It is equal to the marginal benefit curve.
The marginal benefit is decreasing.
We could think of it as a marginal benefit curve.
Marginal benefit is a function of the number of rabbits that we already have.
Let us define the marginal benefit of a good or service as.
The other way to interpret it was as essentially as a marginal benefit curve.
You could view this as a marginal benefit in terms of cars washed.
The benefit from incremental increase is the marginal benefit.
The private marginal benefit determines whether a consumer joins the network or not.
It almost has an infinite marginal benefit for them.
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Marginal benefit curve for this firm as it gets more and more labor.
Is equal to the social marginal benefit.
Then we had our marginal benefit curve or demand curve sloping down like that.
That is our demand curve or our marginal benefit curve.
The area under the marginal benefit curve for an activity gives its total.
That total benefit will be maximized when the marginal benefit.
You could also view that as the marginal benefit calculated in terms of dollars.
I achieve allocative efficiency where my marginal cost and my marginal benefit is equal.
This is the marginal benefit at situation B.
So consumption would not stop until the marginal benefit is zero.
Of marginal benefit and let me tell you why,.
Law of diminishing marginal benefit.
As long as the marginal benefit exceeds the marginal cost, do it.
The utility function is simply the integral of the marginal benefit function.
But what is the marginal benefit of that worker?
The value of one more unit of a good or service is its marginal benefit.
The list only adds a kind of marginal benefit at the second level.
The value of obtaining one more unit of a good or service is the marginal benefit.
Improved technical devices will only be of marginal benefit without this vital dimension.
Taken individually, these technologies can replace legacy processes with some marginal benefit.
However, there is usually a marginal benefit in allowing i to be independent from a.
So all the time you spend on it would bring you a marginal benefit at best.
Fertilizer is of marginal benefit at planting time, and can even be harmful.
So consumption would stop well before its marginal benefit becomes zero.
The marginal benefit curve is really a line here, once again for simplicity, looks like that.
Longer reaction periods are believed to provide minimal marginal benefit in fiber performance.
Answer, Marginal benefit is the benefit that arises from an increase in an activity.
Now given this, this is the marginal benefit curve.
The marginal benefit in the market is 6, right at that point.
I'm just not sure what the marginal benefit would be.
Another term that 's good to know is the diminishing marginal benefit.
That makes sense . The marginal benefit in the market is 6, right at that point.
With optimal regulation, the marginal cost is equal to the marginal benefit.
This means that the marginal benefit ( MB ) is equal to the marginal cost MC.
And resulted in some renewable energy projects that provided marginal benefit to rural areas 80.
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