Sentence examples for marginal production from inspiring English sources

The empirical approach to calculate price elasticities adopted the formulation of Ramsey pricing given as: 2 where is the inverse elasticity of demand, the procurement pack price of the branded medicine is Pj for medicine j, and MCj is the marginal production cost for product j.

But this "price discrimination," as economists call it, is a common one in industries that have high fixed costs but marginal production costs.

The cultivations were accompanied by high production of erythritol (83.58 [g/L]), at the marginal production of mannitol (5.46 [g/L]).

When oil demand is fairly strong, as it is now and tends to be in early summer, the price will be set by the marginal production costs in US shale basins and Canadian tar sands.

This is because pearl millet is mainly grown in dryland conditions, which are marginal production environments, and with minimal use of commercial inputs, such as, adequate irrigation, fertilizers and pesticides.

The increased royalties would be lost in the daily noise of the oil and gas commodity markets and would have a negligible impact on the marginal production of oil and gas on public lands.

The cost and marginal output of production factors varies across firms in every industry.

Cells grown in BG11 medium showed only marginal H2 production and its production was hardly increased by the inhibitors tested.

Profits can be maximised when the marginal product of labour equals the wage rate (marginal cost of production).

Design testing, qualification testing, environmental testing, stress testing, marginal testing, production testing are all addressed.

Finally, the profitability of marginal domestic production by Russian oil companies may still be relatively high; thus, we shouldn't expect Russia to cut oil output due to lower prices if it has the resources to keep production up.