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单词 marginal value
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marginal value
marginal value n. Economics the extra value which a person derives from the use or consumption of one additional unit of a good or service (cf. marginal utility n.); the extra value which a producer derives from increasing output of a product by one unit (cf. marginal revenue n.).
ΚΠ
1891 Econ. Jrnl. 1 836 Comments on..the new phase in the theory of marginal value.
1909 Q. Jrnl. Econ. 23 228 This product [sc. utility value], depending on marginal value only, is very independent of total-value.
1951 Amer. Econ. Rev. 41 422 The slopes of the curves indicate marginal value (or revenue) productivity.
1980 A. J. Jones Game Theory iii. 131 Interpretation of the dual program..requires that we think of xi, the component of some solution, as the maximum price that the producer would be willing to pay for one extra (small) unit of Fi. This is called the marginal value of Fi.
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