As defined by the Austrian School of economics the marginal use of a good or service is the specific use to which an agent would put a given increase, or the specific use of the good or service that would be abandoned in response to a given decrease. The usefulness of the marginal use thus corresponds to the marginal utility of the good or service. On the assumption that an agent is economically rational, each increase would be put to the specific, feasible, previously unrealized use of greatest priority, and each decrease would result in abandonment of the use of lowest priority amongst the uses to which the good or service had been put. And, in the absence of a complementarity across uses, the “law” of diminishing marginal utility will obtain. The Austrian School of economics explicitly arrives at its conception of marginal utility as the utility of the marginal use, and “Grenznutzen” (the Austrian School term from which “marginal utility” was originally derived in translation) literally means border-use; other schools usually do not make an explicit connection. (Wikipedia).
In this video we cover the idea of marginal cost. This is simply the derivative of the cost function. We can roughly define marginal cost as the cost of producing one additional item. For more videos please visit http://www.mysecretmathtutor.com
From playlist Calculus
Section (2.7) Marginal Analysis
Applied Calculus – Section (2.7) Marginal Analysis This lecture defines marginal cost, revenue, and profit. We use the derivative to evaluate marginal change at a specified level of production and compare the result to the exact monetary change when production increases by one unit. Then w
From playlist Applied Calculus
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From playlist Courses and Series
Marginal-based Methods for Differentially Private Synthetic Data
A Google TechTalk, presented by Ryan McKenna, 2021/12/08 Differential Privacy for ML series.
From playlist Differential Privacy for ML
Profit Margin, Gross Margin, and Operating Margin - With Income Statements
This finance video tutorial explains how to calculate the net profit margin, the gross profit margin, and operating profit margin of a company given an income statement. This video includes many examples and practice problems that will help you to learn the concept. My Website: https://
From playlist Stocks and Bonds
Futures margin account mechanics with Bitcoin (FRM T3-2)
[Here is my xls http://trtl.bz/010118-yt-margin-bitcoin-xls] Margin levels are set by exchange as a function of price volatility; in the case, of bitcoin, the margins are very high. Upon entering the long/short position, the position must be funded by the INITIAL margin (e.g., e.g., 43% o
From playlist Financial Markets and Products: Intro to Derivatives (FRM Topic 3, Hull Ch 1-7)
FRM: Commodity futures margin accounts
A long futures contract gives leverage: in this example where gold is ~6% initial margin, the leverage is 1/6% or 16.6x. When the maintenance margin is breached, a MARGIN CALL requires the long to "top up" back to the INITIAL MARGIN. For more financial risk videos, visit our website! http:
From playlist Derivatives: Commodity Futures
In Part 3 of the CSS for Print screencast series, Nellie McKesson introduces CSS Paged Media, and teaches how to write stylesheets to create layouts for print output. Topics include: the @page rule, page sizes and margins, defining master pages, and Paged Media's 16 margin areas. Watch th
From playlist O'Reilly Atlas: Push-Button Publishing Is Here.
How Does Options Margin Work? | Financial Derivatives | Options Trading Lessons
These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patrick on twitter here: https://twitter.com/PatrickEBoyle What is Option Margin? Option
From playlist Class 2: An Introduction to Options
Margins, perceptrons, and deep networks - Matus Telgarsky
Seminar on Theoretical Machine Learning Topic: Margins, perceptrons, and deep networks Speaker: Matus Telgarsky-2020-03-26 Affiliation: University of Illinois Date: March 26, 2020 For more video please visit http://video.ias.edu
From playlist Mathematics
From playlist COMP0168 (2020/21)
Understanding Disk Margin | Robust Control, Part 2
Watch the other videos in this series: Robust Control, Part 1: What Is Robust Control? - https://youtu.be/A7wHSr6GRnc Robust Control, Part 2: Understanding Disk Margin - https://youtu.be/XazdN6eZF80 Robust Control, Part 3: Disk Margins for MIMO Systems - https://youtu.be/sac_IYBjcq0 As w
From playlist Robust Control
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From playlist Business Applications of Differentiation and Relative Extrema
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