Marginal pricing is when a business sells a product at a price that covers its manufacturing costs but not its overhead. The benefit of marginal pricing is that the lower price point increases ...

A company's marginal product of labor is the number of additional products it can produce by hiring one additional worker. A company's marginal revenue product of labor is the amount of additional ...

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

Marginal analysis was the heart of early Austrian economics and was quickly adopted into mainstream economics, where it is central to modern microeconomic analysis. Amazingly, many people in business ...

Marginal cost is the added expense of producing one more unit. A horizontal marginal cost curve indicates consistent production costs. Businesses may aim to maintain horizontal costs to stabilize ...

A price is the amount of money a buyer gives a seller in exchange for a good or a service. But it can be more than that At its most basic, a price is the amount of money that a buyer gives to a seller ...

Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Somer G. Anderson is CPA, doctor of accounting, ...

“Asked by the BBC if oil could go back "well-above" $100 a barrel, Mr Margerie said "Yes," adding: "The problem is when, the problem is to anticipate this, not to send [a] message to scare people but ...