Of course, the two had poured significant time into the business, but the marginal cost of getting the business off the ground was close to zero.

当然，这两个人投入了大量时间来经营生意，但使商业起步的边际成本接近于零。

youdao

However, there are many firms that have market power or monopoly power, which means that they can increase their price above marginal cost and sustain sales for a long period of time. [1].

但同时许多企业具有一定的市场势力或者说是垄断势力，这意味着他们能够长期将价格定在边际成本之上。

youdao

I mean, really, when was the last time you found someone who wanted to discuss the theory of relativity or the law of diminishing marginal returns?

我的意思是，说真的，上一次有人愿意与你讨论相对论或边际效益递减规律是什么时候呢？

youdao

Just as last time, we're going to assume that costs are constant marginal costs.

就像上次一样,我们将假设成本是固定的边际成本

耶鲁公开课 - 博弈论课程节选

We'll assume that constant marginal cost just as it was last time is equal to C.

我们假设固定边际成本,像上次一样等于C

耶鲁公开课 - 博弈论课程节选

Given the large movements in the time allocated to these two categories, our results suggest that economists need to think hard about how individuals value the marginal time spent watching television or sleeping when computing the welfare costs of business cycles.

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Since fuel economy matters all of the time and marginal advantages in acceleration matter almost none of the time, reasonable people agree that's a constructive compromise.

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However, if Barrick only made marginal purchases over this time, it would be a bullish sign for the price of gold.

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