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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.
We assume that the marginal efficiency of capital ϕ k decreases as k increases.
Similar(48)
Although becoming widespread and in some cases effective, siRNA-mediated cellular knock-down proves in the present work to be of marginal efficiency.
The control Aβ42 (aggregated in the absence of fatty acids) was able to seed with marginal efficiency as seen by a slight increase in the rates of aggregation for the seeded sample (Figure 6A).
The STAR in the core X-containing GF6 operates at marginal efficiency.
In contrast, use of heat exchanger technology contributes only a marginal increase in energy efficiency of 4 10% depending upon the sawmill condition and drying scheme.
Although bipolar plates made of carbon fiber composites have high strength and stiffness and also resist corrosion in an acidic environment, they exhibit only marginal electrical conductivity, which compromises the efficiency of PEM fuel cells.
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