Examlex
Match the term with its definition.
-Coverage that provides benefits to a firm upon the death of key personnel
Marginal Analysis
The comparison of marginal (“extra” or “additional”) benefits and marginal costs, usually for decision making.
Marginal Benefits
The uplift in utility or enjoyment gained through consuming or producing an added unit of a good or service.
Marginal Costs
The added cost incurred when one more unit of a good or service is produced.
Marginal Benefit
The additional pleasure or utility gained when one more unit of a good or service is consumed.
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