Sentence examples for the marginal value of from inspiring English sources

But, because water is plentiful and diamonds are scarce, the marginal value of a pound of diamonds exceeds the marginal value of a pound of water.

Instead, the incentives are substantial to engage full force in the nomination process where the marginal value of each dollar is higher and more likely to influence the outcome than in the general election.

For Canadian teams, the marginal value of an additional regular-season win is about $1,400 per game (or $60,000 per season), which is not statistically or practically significant.

From a Rawlsian perspective, the key thing about very high incomes is that making them a bit higher or lower basically doesn't matter — if you are lucky enough to find yourself in the top 0.1 percent (say), the marginal value of a dollar to your welfare is trivial compared with the value of that dollar to almost anyone else.

The marginal value of individual trees was highest when trees occurred at low densities.

With w an average walk speed and β the marginal value of a unit walk time.

The minimum wage drives a wedge between the marginal value of an hour of labor and its marginal cost.

Trade lowers the marginal value of carbon in high-cost regions and raises it in low-cost regions.

The marginal value of water for irrigation in Chalkidiki was estimated to be $0.054 for one cubic meter.

A wage increase in the receiving region will increase the marginal value of the stay (relative wage effect).

Thus, irrespective of how electricity is priced, the marginal value of the demand for electricity declines as consumption increases.