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Marxist theory had its weakest impact in theories and research on social inequality and social stratification
Marginal Costs
The uptick in full pricing incurred by the generation of another unit of a product or service.
Marginal Benefits
The increase in utility or satisfaction from consuming or producing an extra unit of a good or service.
Post Hoc
A logical fallacy that assumes that if one event occurs after another, then the first event must have caused the second.
Ergo Propter Hoc
Refers to the logical fallacy where it is assumed that because one thing follows another, the first thing caused the second.
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