Sentence examples for marginal efficiency from inspiring English sources

See also saving; marginal efficiency of investment.

Logically, investment would be undertaken as long as the marginal efficiency of each additional investment exceeded the interest rate.

I expect to see the State, which is in a position to calculate the marginal efficiency of capital-goods on long views and on the basis of the general social advantage, taking an ever greater responsibility for directly organising investment".

Marginal efficiency of investment, in economics, expected rates of return on investment as additional units of investment are made under specified conditions and over a stated period of time.

The British economist John Maynard Keynes used this concept but coined a slightly different term, the marginal efficiency of capital, in arguing for the importance of profit expectations rather than interest rates as determinants of the level of investment.

Companies, in his telling, are spending their capital budgets not on things that might cause a leap in their workers' productivity, but on smaller projects to replace old machinery and software and make marginal efficiency gains.

The present paper therefore proposes a technique to determine the marginal biomass efficiency with more accuracy.

Likewise, the generation 0 VGD7 polyplexes exhibited marginal transfection efficiency that was similar to that of the VGD precursors.

"The marginal gains in efficiency through automation," he wrote, "might be offset by the psychological deprivations caused by destroying the residual illusions of free decision and driving skill".

Fuel cells using pure hydrogen offered a marginal benefit in efficiency, but only when combined with hybrid technology, and at a significantly higher price.

Its operators say that the marginal gain in efficiency is just enough to make it feasible to run the plant without a subsidy.