Marginal Analysis - Revision history

DeanS: undeadend

2007-10-02T22:03:58Z

undeadend

2007-09-22T02:20:17Z

2007-03-29T03:00:07Z

2007-03-11T10:15:12Z

2007-02-10T21:24:57Z

2007-02-09T02:31:51Z

Edited by Tyler Flynn

New page

Observing a situation and making a slight change, such as improving the customer service at a gas station to gain more customers.

← Older revision		Revision as of 22:03, October 2, 2007
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−	'''Marginal Analysis''' is the study of economic decisions with respect to marginal, not total or average variables. The implied theory is that decisions are typically made "on the margin," or with an eye towards the next unit of cost, benefit, input, or output. In mathematical economics, marginal analysis typically implies analyzing the first derivatives of utility functions or production functions.	+	'''Marginal Analysis''' is the study of economic decisions with respect to marginal, not total or average variables. The implied theory is that decisions are typically made "on the margin," or with an eye towards the next unit of cost, benefit, input, or output. In mathematical [[economics]], marginal analysis typically implies analyzing the first derivatives of utility functions or production functions.

	[[Category:Economics]]		[[Category:Economics]]

← Older revision		Revision as of 02:20, September 22, 2007
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−	Marginal Analysis is the study of economic decisions with respect to marginal, not total or average variables. The implied theory is that decisions are typically made "on the margin," or with an eye towards the next unit of cost, benefit, input, or output. In mathematical economics, marginal analysis typically implies analyzing the first derivatives of utility functions or production functions.	+	'''Marginal Analysis''' is the study of economic decisions with respect to marginal, not total or average variables. The implied theory is that decisions are typically made "on the margin," or with an eye towards the next unit of cost, benefit, input, or output. In mathematical economics, marginal analysis typically implies analyzing the first derivatives of utility functions or production functions.

	[[Category:Economics]]		[[Category:Economics]]

← Older revision		Revision as of 03:00, March 29, 2007
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−	Marginal Analysis is the study of ~~how small changes affect costs and benefits~~. ~~Such as improving~~ the ~~customer service at a gas station to gain more customers~~. ~~This information is then used to maximize one's benefits~~.	+	Marginal Analysis is the study of economic decisions with respect to marginal, not total or average variables. The implied theory is that decisions are typically made "on the margin," or with an eye towards the next unit of cost, benefit, input, or output. In mathematical economics, marginal analysis typically implies analyzing the first derivatives of utility functions or production functions.

	[[Category:Economics]]		[[Category:Economics]]

← Older revision		Revision as of 10:15, March 11, 2007
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	Marginal Analysis is the study of how small changes affect costs and benefits. Such as improving the customer service at a gas station to gain more customers. This information is then used to maximize one's benefits.		Marginal Analysis is the study of how small changes affect costs and benefits. Such as improving the customer service at a gas station to gain more customers. This information is then used to maximize one's benefits.
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		+	[[Category:Economics]]

← Older revision		Revision as of 21:24, February 10, 2007
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−	~~Observing a situation~~ and ~~making a slight change, such~~ as improving the customer service at a gas station to gain more customers.	+	Marginal Analysis is the study of how small changes affect costs and benefits. Such as improving the customer service at a gas station to gain more customers. This information is then used to maximize one's benefits.