Posts from this topic will be added to your daily email digest and your homepage feed. is editor-in-chief of The Verge, host of the Decoder podcast, and co-host of The Vergecast. Bill Gates thinks ...

Understand the link between total and marginal revenue, their differences, and how to calculate marginal revenue effectively. Learn when a company should adjust production.

Economic theory tells us that, in a perfectly competitive labor market, labor should be paid according to its “marginal product.” Now, without the jargon: The last workers to be hired by a business ...