m (marginal change in the value of a variable)
1Marginal value — A marginal value is a value that holds true given particular constraints, the change in a value associated with a specific change in some independent variable, whether it be of that variable or of a dependent variable, or [when underlying values… …
2Marginal propensity to save — The marginal propensity to save (MPS) refers to the increase in saving (non purchase of current goods and services) that results from an increase in income i.e. The marginal propensity to save might be defined as the proportion of each additional …
3Marginal revenue productivity theory of wages — The marginal revenue productivity theory of wages, also referred to as the marginal revenue product of labor and the value of the marginal product or VMPL, is the change in total revenue earned by a firm that results from employing one more unit… …
4Marginal utility — In economics, the marginal utility of a good or service is the utility gained (or lost) from an increase (or decrease) in the consumption of that good or service. Economists sometimes speak of a law of diminishing marginal utility, meaning that… …
5Marginal product of labor — In economics, the marginal product of labor also known as MPL or MPN is the change in output from hiring one additional unit of labor. It is the increase in output added by the last unit of labor.[1] Ceteris paribus that no other inputs to… …
6Marginal concepts — In economics, marginal concepts are associated with a specific change in the quantity used of a good or service, as opposed to some notion of the over all significance of that class of good or service, or of some total quantity thereof.… …
7Tendency of the rate of profit to fall — The tendency of the rate of profit to fall (TRPF) is a hypothesis in economics and political economy, most famously expounded by Karl Marx in chapter 13 of Das Kapital Vol. 3. It was generally accepted in the 19th century. Economists as diverse… …
8Polis and its culture (The) — The polis and its culture Robin Osborne INTRODUCTION ‘We love wisdom without becoming soft’, Thucydides has the Athenian politician Pericles claim, using the verb philosophein.1 Claims to, and respect for, wisdom in archaic Greece were by no… …
9Law of value — The law of value is a concept in Karl Marx s critique of political economy. Most generally, it refers to a regulative principle of the economic exchange of the products of human work: the relative exchange values of those products in trade,… …
10Exact sciences (The) in Hellenistic times: texts and issues — The exact sciences in Hellenistic times: Texts and issues1 Alan C.Bowen Modern scholars often rely on the history of Greco Latin science2 as a backdrop and support for interpreting past philosophical thought. Their warrant is the practice… …
