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Think­ing at the margin

TagLast edit: 8 May 2021 9:13 UTC by MichaelA

To think at the margin is to assess the impact of a decision by considering the effects of spending an additional, or marginal, unit of resources. Since resources typically have diminishing marginal impact (i.e., each additional unit is less impactful than the previous unit), thinking at the margin is critical for properly assessing the impact of a decision.

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