Assuming that a bank’s cost of funds remains the same, this is the cost of funding one additional loan.

The last additional capital unit’s annual percentage return. the investment becomes viable at this represented market interest rate. Also known as marginal productivity of capital.

Total incurred cost change of some households or businesses due to a unit change in other households’ or businesses’ consumption or output.

By actually consuming or producing a good, a household or business enjoys a marginal benefit.

A company having a relatively minor impact on its own field of operation due to dominating rival companies of greater size and influence. Marginal players are always susceptible to their larger rivals’

Production run’s total cost increase or decrease for making one more item unit. Situational computation: When fixed costs have already been absorbed by the already produced items and only the direct, variable

With all other factors remaining constant, this is the resulting output change from altering, by one unit, the labor input.

A taxpayer’s taxation rate on the last income dollar. Earlier income tax rates are lower, and the rates increase at specific income increments as income increases.

Usable, yet barely profitable, parcel of land or some other concrete entity. When a property fails to return a tangible profit, yet is efficiently used and is a key production process asset,

Economic concept that marginal productivity determines labor demand and labor’s marginal product value determines the wage rates. Also known as marginal productivity theory of income distribution.

An activity’s incremental benefit as perceived by society. Adding marginal external benefit and marginal private benefit results in this value.

To achieve the required efficiency level, this requirement must be fulfilled.

Additional income unit’s paid tax rate. Marginal tax rates increment as income increases in a graduated or progressive tax regimen. The highest marginal tax rate applies to the highest income bracket or

Producer’s substitution rate of a small input variable’s amount for another small input variable’s amount. This rate indicates the opportunity cost of a unit of each commodity in terms of another.

Monetary-derived total satisfaction difference due to monetary sum’s single unit change.

An activity’s incremental cost as perceived by society. Adding marginal external cost and marginal private cost results in this value.

A firm’s gross revenue increase produced when one additional output unit is sold.

All other factors remaining constant, an activity’s overall benefit increase caused by a unit increase in the level of that activity. Also known as marginal utility.

A systematic organizational management assessment. Evaluates sufficiency of methods and policies. Resource administration and use, tactical and strategic planning, and employee and organizational improvement are this action’s focus.