This, I think you've gotten from other economics courses-- we have something called diminishing marginal utility.
我认为你们已经从其它的经济学课程中学过了,称为边际收益递减
Where's the marginal revenue, what's the marginal revenue look like in this picture on the left?
边际收益是什么样子的,左图中的边际收益图像是什么样的
So, marginal land is brought into play with hard work and ingenuity, and this is one of the things that Hanson emphasizes that is so helpful.
那么,边际耕地需要,在一定的生产条件下,生产收益正好足以补偿所需费用的土地,这就是汉森所强调的相当有益的一点
They only capture fifty percent of their marginal benefit.
他们只能得到50%的边际收益
At the margin, I'm reaping, I'm bearing the cost for the extra unit of effort I contribute, but I'm only reaping half of the induced profits of the firm, because of profit sharing.
从边际角度分析,我承担了多付出的全部边际成本,但我却只能得到一半的边际收益,因为利润是均分的
It's where marginal revenue equals marginal cost.
是边际收益等于边际成本的那点
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