bripat9643
Diamond Member
- Apr 1, 2011
- 170,158
- 47,300
It's funny and speaks to a Truth, so why not use it?
And how about you libtards? You havent had an original economic thought since Karl Marx died.
Pot - Kettle - Black much?
What is an original economic thought that happened since Karl Marx died?
And, quite the zag btw.
- marginal use of a good or service is the specific use to which an agent would put a given increase, or the specific use of the good or service that would be abandoned in response to a given decrease.[2]
- marginal utility of a good or service is the utility of the specific use to which an agent would put a given increase in that good or service, or of the specific use that would be abandoned in response to a given decrease. In other words, marginal utility is the utility of the marginal use.
- marginal rate of substitution is the rate of substitution is the least favorable rate, at the margin, at which an agent is willing to exchange units of one good or service for units of another.
- marginal benefit is a benefit (howsoever ranked or measured) associated with a marginal change.
- marginal cost may refer to an opportunity cost at the margin, or to marginal pecuniary cost — that is to say marginal cost measured by forgone money.
- marginal physical product (sometimes also known as “marginal product”)
- marginal rate of transformation, the rate at which one output or result must be sacrificed in order to increase another output or result
- marginal revenue product
- marginal propensity to save and consume
Maybe not obviously cut and paste your answer and explain it like you know what you posted would be a good idea.
These concepts were all deduced after Karl Marx. I answered the question you asked. I understand them all, but I experience no inclination to explain them to a dolt like you.
Actually the challenge was for Jimmy to identify a single economic thought since Karl Marx's death (his criteria). Not copy/paste form a wiki article with no apparent wisdom from the member here who posted it. I didn't claim economic theory had dried up since Marx's death.
So, from your post what did Jimmy have an understanding of? I'm guessing nothing. So, sorry...you didn't help him.
Apparently you don't even understand your own question. Those are original economic thoughts. The fact that I copied them from somewhere else is beside the point. You didn't ask Jimmy to come up with some original economic theory on his own.