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marginalism (B4)<br />An economic method, central to NEOCLASSICAL ECONOMICS, much used since 1870 in economics. In most cases, it compares an incremental change in one variable with a similar change in another, e.g. an addition to total costs compared with an addition to total revenue. It assumes automatic movement to EQUILIBRIUM and ignores institutional impediments.
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pecuniary returns (D3)<br />Rewards to a FACTOR OF PRODUCTION in the form of money.<br /><em>See also:</em> non-pecuniary returns
<strong>C record</strong> – A record type included in CommonLine application send files as a part of the School Certification Request (SCR) process.
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