Economics A-Level
Marginal returns
What Marginal returns means in Economics A-Level, as defined for AQA.
Definition of Marginal returns
Check what you remember
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Reference: AQA
The addition to total output from employing one extra unit of the variable factor.
Topics that use Marginal returns
- The law of diminishing returns and returns to scale (AQA A-Level)
Related terms
- Capacity constraints
- Costs of production
- Diminishing marginal returns
- Economies of scale
- Factor inputs
- Factors of production
- Law of diminishing returns
- Long run
Using Marginal returns in the exam
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