Economy, asked by pritirekha85, 1 month ago

what is marginalist theory

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Answered by agastya8422

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Answer:

Marginalism comprises a body of theory concerned with maximization by using marginal concepts, which are associated with a specific change in the quantity of a service or good. For a firm, marginalism postulates the maximization of profits at a point where marginal costs are equal to marginal revenues.

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