Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Charday Penn Marginal propensity to save (MPS) is used by economists to ...

Marginal revenue measures extra income from producing one more unit. Compare marginal revenue and cost to decide on production adjustments. Track marginal revenue changes to set optimal production and ...

The marginal product of labor is a variable used in economic theory. This variable quantifies the additional output produced by adding an additional unit of labor. The value of this variable is ...