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Meaning of marginal benefit | Babel Free

Noun CEFR B2

Definitions

The extra benefit received from a unit increase in the consumption of a good or service. It is calculated as the increase in total benefit divided by the increase in consumption.

Equivalents

Suomi rajahyöty

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

marginal cost marginal cost of capital marginal credit marginal distribution marginal farmer marginal note

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