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Yours, Etc.: Origins and Uses of 8 Sign-Offs
the extra utility or satisfaction derived by a consumer from the consumption of the last unit of a commodity.
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for
There were critics who would say this was all trivial tinkering, modest stuff of
, it's true, is unusually high.
The company was based on economic theory-specifically, on the idea of declining
Because of diminishing
, income redistribution from the rich to the poor is a key part of the utilitarian's plan.
If prices are above
, they will eventually revert.
Bottom line: hiring will only occur when the
of labor inputs exceeds the
of capital inputs.
When prices inevitably revert to
, those who leveraged to buy the top lose.
As she reckoned it, my marginal cost was tiny compared to her
In other words, the
curve of increased inputs into education is nonlinear and probably haystack shaped.
There are few better illustrations of the law of diminishing
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