Marginal use
id:
marginal-use-312-1684881
title:
Marginal use
text:
As defined by the Austrian School of economics the 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. The usefulness of the marginal use thus corresponds to the marginal utility of the good or service. On the assumption that an agent is economically rational, each increase would be put to the specific, feasible, previously unrealized use of greatest
brand slug:
wiki
category slug:
encyclopedia
description:
Concept in the Austrian School of economics
original url:
https://en.wikipedia.org/wiki/Marginal_use
date created:
date modified:
2022-03-11T04:26:57Z
main entity:
{"identifier":"Q6760430","url":"https://www.wikidata.org/entity/Q6760430"}
image:
fields total:
13
integrity:
14