Marginal net benefits= Marginal benefit- Marginal cost
Marginal cost is
The optimal level of output is where marginal costs = marginal damages.
In economics, marginal profit is the difference between the marginal revenue and the marginal cost of producing an additional unit of output.
Three stages of production are increasing marginal returns, diminishing marginal returns, and negative marginal returns.
No, that would not be very equitable to those people living in marginal areas.
Marginal Land
The marginal world, as described by Rachel Carson, refers to the diverse and fragile ecosystems that exist at the edges of seas and rivers. These areas are crucial for supporting a variety of plant and animal species and play a significant role in maintaining overall ecological balance. Carson emphasizes the importance of protecting these marginal areas from human activities that could disrupt their delicate balance.
Marginal net benefits= Marginal benefit- Marginal cost
Marginal cost is
The optimal level of output is where marginal costs = marginal damages.
In economics, marginal profit is the difference between the marginal revenue and the marginal cost of producing an additional unit of output.
Three stages of production are increasing marginal returns, diminishing marginal returns, and negative marginal returns.
In regards to marginal vs. non-marginal syndesmophytes. Marginal syndesmophytes (intervertebral bony bony bridges) are more commonly seen in ankylosing spondylitis. Where as non-marginal syndesmophytes are more commonly in reactive arthritis and DISH. Marginal syndesmophytes are delicate + symmetric; while non-marginal syndesmophytes are bulky + discontinuous.
when marginal benefit is equal to marginal cost To be more specific: When the marginal damage cost of polluting is equal to the marginal abatement cost of polluting (or the marginal benefit of polluting, which is equivalent to the MAC)
what is the relationship between marginal physical product and marginal cos
Marginal cost is total cost/quantity Marginal benefit is total benefit/quantity