Economics Dictionary of ArgumentsHome
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| Marginal return: Marginal return, in economics, refers to the additional output gained by increasing one unit of input (like labor or capital) while keeping other inputs constant. It signifies the change in production efficiency or output resulting from incremental changes in resources. As input increases, marginal returns might diminish due to factors like diminishing productivity or resource constraints. See also Efficiency, Benefit, Utility theory, Marginal utility._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Dictionary of Arguments. | |||
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Physiocrats on Marginal Return - Dictionary of Arguments
Mause I 39 Marginal Return/Physiocrats: among physiocrats, the first formulation of the law of decreasing marginal return can be found. This means that as the use of a production factor continues to increase, the resulting increase in output decreases. >Physiocracy._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. "Vs" indicates differences in content, not necessarily the chronological progression of a controversy. If a German edition is specified, the page numbers refer to this edition. |
Physiocrats Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |
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