Marginal revenueThe change in total revenue as a result of producing one additional unit of output.
Marginal rate of transformationMarginal rate of transformation
The increase in output of one good made possible by a one-unit decrease in the output of another, given the technology and factor endowments of a country; thus the absolute value of the slope of the transformation curve.
Marginal utilityMarginal utility
The change in total satisfaction as a result of consuming one additional unit of a specific good or service.
Marginal propensity to consumeMarginal propensity to consume
The fraction of a change in income (or perhaps disposable income) spent on consumption. Contrasts with average propensity to consume.
Marginal propensityMarginal propensity
The fraction of a change in income devoted to an activity, such as consumption, importing, or saving. See propensity.
Marginal revenue productMarginal revenue product
The additional revenue generated by the extra output from employing one more unit of a factor of production. In a competitive industry this equals the marginal value product, but with imperfect competition it is smaller, due to the implied price reduction. Determines factor prices in competitive factor markets.
Further SuggestionsMarginal value product
Marginal rate of substitution
Marginal propensity to import
marginal tax rate
Marginal tax rate
Marginal efficiency of capital
Marginal propensity to save
Value marginal product