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The smallest amount of something that is bought or sold.
What else can I help you with?
What is equating at the margin?
It is a business economics concept which means at that point marginal cost equals to marginal benefit in which case there is no additional rewards to be gained or additional cost to be wasted.
What concept means to have unlimited wants with limited resources?
scarcity economics
What is an example of margin in economics?
KK
Margin of superiority?
Margin superiority is a concept of comparative advantage. It means less opportunity cost of producing one unit of good compared to another good.
How do you differentiate between the intensive and extensive margin in economics?
In economics, the intensive margin refers to changes in the quantity or quality of a single product or service, while the extensive margin refers to changes in the variety or range of products or services offered.
What is the apical margin?
Apical margin means top layer.Apical margin means the top layer.
What is the concept of laissez - fair?
Translated it approximately means "Let us be". The concept means limited or no interference by government in the affairs of individuals. This term is usually used to refer to economics but extends to philosophy also. Related to: Laissez Faire Capitalism Libertarianism Anarcho-Capitalism Austrian School of Economics
How did Lionel c. Robbins defined the concept of economics?
Economics is a science which studies human behaviour as a relationship between ends(wants) and scarce means(resources) which have alternative uses.
Give you the concept of managerial economics?
ABAY
What is the marathi meaning of margin?
in marathi "margin" means "samas"
What is environmental economics?
Define concept of Sustainable Development?
What is the difference between the extensive margin and intensive margin in economics, and how do they impact overall market dynamics?
The extensive margin in economics refers to the quantity of goods or services produced or consumed, while the intensive margin refers to the quality or characteristics of those goods or services. The extensive margin impacts market size and overall production levels, while the intensive margin affects product differentiation and consumer preferences. Both margins play a role in shaping market dynamics by influencing supply, demand, pricing, and competition.
