marginal benefit


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marginal benefit

Medspeak-UK
In economics, a marginal benefit is the value of the additional benefit derived from an extra unit produced.
 
Medspeak-US
The minimal added benefit (e.g., in units of health outcome) produced by using additional resources (e.g., a second intervention).
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References in periodicals archive ?
Self-insurance is used to equate the marginal cost of spending on self-insurance, that is, reduced consumption today, with the marginal benefit of enjoying a lower loss tomorrow should it obtain; saving is used to smooth consumption throughout the life cycle.
Assuming a relatively flat social marginal benefit curve, uncertainty about the costs and benefits of reducing pollution, and the capacity of humankind to invent efficient green technologies in a "timely" manner, the paper concludes that an STS can provide a viable and more effective response to the challenges posed by global warming.
The marginal benefit of preemption increases or decreases with preemption as [F.
latter company, though, results in an additional marginal benefit of
however, the marginal benefit of increased incentives will tend to get
The issue is first addressed from a public goods perspective focusing on the marginal benefit and marginal costs of steroid use.
Savers, who outnumber borrowers, should see a marginal benefit for interest on deposit.
Marginal rate of return (MRR) is the ratio of marginal benefit to marginal cost for each experimental treatment.
Knowledge of the marginal cost of raising tax revenue is also important in evaluating public expenditure programs because the marginal benefit of such programs needs to be balanced against the marginal cost of financing them through higher taxes.
Kirklees proposes to make savings at the expense of the people least able to look after themselves while running a council riddled with political correctness and bureaucracy, employing hundreds and possible thousands of people on high salaries whose services are, at best, of only marginal benefit to the people of Kirklees.
The marginal benefit of using money is greater than the marginal cost of using cash.
This is marginal benefit incidence of public spending which is rarely determined.

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