Discover the Diamond-Water Paradox—why diamonds cost more than water. Learn about subjective value and marginal utility in economic valuation.

Abstract: We consider the problem of resource allocation in a wireless network operated by a single service provider. The motivating model is the downlink in a cellular network where the provider sets ...

Argentine TV series “El Marginal” ran from 2016-2022 and is still available on Netflix. It tells the story of undercover cop Pastor (Juan Minujin) who infilitrates a prison while investigating a ...

Seven top U.S. firms received an A grade, up from five last year. But many firms are still working hard for the oil and gas industry. The nation’s top law firms have slightly reduced their fossil fuel ...

The law of diminishing marginal utility states that the marginal utility of a product or service declines as more of it is consumed by the individual. However, there are rare exceptions to this law.

The production of goods and services requires the input of various factors of production. The law of diminishing marginal returns states that as the input of a factor of production increases, ceteris ...

The term marginal comes from the Latin, “marginalis,” and is in reference to an edge or border. In my discipline (Sociology), we trace the concept to Robert Park, who referred to the marginal man as a ...

Checking which Canadian marginal tax rate applies to you can help you figure out what taxes you might owe. There are provincial and territorial tax rates, too. This article is 1 year old. Some details ...

One of the important contributions of Economics in public policy is the marginal (or extra, additional, incremental) analysis in the increase in cost and revenues, satisfaction and dissatisfaction, ...