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Marginal Revenue Product
Marginal may refer to: * ''Marginal'' (album), the third album of the Belgian rock band Dead Man Ray, released in 2001 * ''Marginal'' (manga) * '' El Marginal'', Argentine TV series * Marginal seat or marginal constituency or marginal, in politics See also Economics * Marginalism *Marginal analysis *Marginal concepts *Marginal cost *Marginal demand *Marginal product *Marginal product of labor *Marginal propensity to consume *Marginal rate of substitution *Marginal use *Marginal utility *Marginal rate Other * Margin (other) * Marginalization * Marginal intra-industry trade, where the change in a country's exports are essentially of the same products as its change in imports * Marginal land, land that is of little value because of its unsuitability for growing crops and other uses * Marginal model, in hierarchical linear modeling * Marginal observables, in physics; see Renormalization group * Marginal person, in sociology; see Marginalization * Marginal plant, see Bog ...
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Marginal (album)
''Marginal EP'' is the third album of the Belgian rock band Dead Man Ray Dead Man Ray is a Belgian alternative rock band formed in 1996, originating from Berchem near Antwerp. Among its members are Daan Stuyven, Rudy Trouvé ( dEUS and others), Elko Blijweert, Wouter Van Belle, and Herman Houbrechts, who was later .... It was released in 2001. It is a compilation of random outtakes, bizarre cutups and b-sides of previous recording sessions. Titles #Smallband #Ersatz #Emotional tourism #Skuf #Cerchy #Kruger #Killywatch #Finar #Blind surfer #Sofa #Munchen #Pertube #Stab #Cyprus #Theque K7 #Kind + Gezin #Arab #Beer #Switch 99 #Sundrama #Noisette #Modril #End Dead Man Ray albums 2001 albums {{Belgium-album-stub ...
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Marginal Utility
In economics, utility is the satisfaction or benefit derived by consuming a product. The marginal utility of a Goods (economics), good or Service (economics), service describes how much pleasure or satisfaction is gained by consumers as a result of the increase or decrease in Consumption (economics), consumption by one unit. There are three types of marginal utility. They are positive, negative, or zero marginal utility. For instance, you like eating pizza, the second piece of pizza brings you more satisfaction than only eating one piece of pizza. It means your marginal utility from purchasing pizza is positive. However, after eating the second piece you feel full, and you would not feel any better from eating the third piece. This means your marginal utility from eating pizza is zero. Moreover, you might feel sick if you eat more than three pieces of pizza. At this time, your marginal utility is negative. In other words, a negative marginal utility indicates that every unit of good ...
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Marginal Sea
This is a list of seas of the World Ocean, including marginal seas, areas of water, various gulfs, bights, bays, and straits. Terminology * Ocean – the four to seven largest named bodies of water in the World Ocean, all of which have "Ocean" in the name. See Borders of the oceans for details. * Sea has several definitions: ** A marginal sea is a division of an ocean, partially enclosed by islands, archipelagos, or peninsulas, adjacent to or widely open to the open ocean at the surface, and/or bounded by submarine ridges on the sea floor. ** A division of an ocean, delineated by landforms, currents (e.g., Sargasso Sea), or specific latitude or longitude boundaries. This includes but is not limited to marginal seas, and this is the definition used for inclusion in this list. ** The World Ocean. For example, the Law of the Sea states that all of the World Ocean is "sea", and this is also common usage for "the sea". ** Any large body of water with "Sea" in the name, inclu ...
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Marginal Distribution
In probability theory and statistics, the marginal distribution of a subset of a collection of random variables is the probability distribution of the variables contained in the subset. It gives the probabilities of various values of the variables in the subset without reference to the values of the other variables. This contrasts with a conditional distribution, which gives the probabilities contingent upon the values of the other variables. Marginal variables are those variables in the subset of variables being retained. These concepts are "marginal" because they can be found by summing values in a table along rows or columns, and writing the sum in the margins of the table. The distribution of the marginal variables (the marginal distribution) is obtained by marginalizing (that is, focusing on the sums in the margin) over the distribution of the variables being discarded, and the discarded variables are said to have been marginalized out. The context here is that the theoretical ...
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Bog Garden
A bog garden is a type of garden that employs permanently moist (but not waterlogged) soil to create a habitat for plants and creatures which thrive in such conditions. It may exploit existing poor drainage in the garden, or it may be artificially created using pond liners or other materials to trap water in the area. Any such structure must allow a small amount of seepage to prevent the water stagnating. For instance, a pond liner must be pierced a few times. Typically a bog garden consists of a shallow area adjoining a pond or other water feature, but care must be taken to prevent water draining from a higher to a lower level. The minimum sustainable depth is . Good drainage is provided by gravel placed over the liner, and the bog can be kept watered by using a perforated hose below the surface. Plants which enjoy boggy soil or shallow water around their roots (marginals) include: * ''Butomus umbellatus'' (flowering rush) * '' Caltha palustris'' (marsh marigold) * ''Dionaea mu ...
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Renormalization Group
In theoretical physics, the term renormalization group (RG) refers to a formal apparatus that allows systematic investigation of the changes of a physical system as viewed at different scales. In particle physics, it reflects the changes in the underlying force laws (codified in a quantum field theory) as the energy scale at which physical processes occur varies, energy/momentum and resolution distance scales being effectively conjugate under the uncertainty principle. A change in scale is called a scale transformation. The renormalization group is intimately related to ''scale invariance'' and ''conformal invariance'', symmetries in which a system appears the same at all scales (so-called self-similarity). As the scale varies, it is as if one is changing the magnifying power of a notional microscope viewing the system. In so-called renormalizable theories, the system at one scale will generally be seen to consist of self-similar copies of itself when viewed at a smaller sca ...
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Marginal Model
In statistics, marginal models (Heagerty & Zeger, 2000) are a technique for obtaining regression estimates in multilevel modeling, also called hierarchical linear models. People often want to know the effect of a predictor/explanatory variable ''X'', on a response variable ''Y''. One way to get an estimate for such effects is through regression analysis. Why the name marginal model? In a typical multilevel model, there are level 1 & 2 residuals (R and U variables). The two variables form a joint distribution for the response variable (Y_). In a marginal model, we collapse over the level 1 & 2 residuals and thus ''marginalize'' (see also conditional probability) the joint distribution into a univariate normal distribution In statistics, a normal distribution or Gaussian distribution is a type of continuous probability distribution for a real-valued random variable. The general form of its probability density function is : f(x) = \frac e^ The parameter \mu .... We then fit ...
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Marginal Land
Marginal land is land that is of little agricultural or developmental value because crops produced from the area would be worth less than any rent paid for access to the area. Although the term ''marginal'' is often used in a subjective sense for less-than-ideal lands, it is fundamentally an economic term that is defined by the local economic context. Thus what constitutes marginal land varies both with location and over time: for example, "a soil profile with a set of specific biophysical characteristics reported as “marginal” in the US corn belt may be one of the better soils available in another context". Changes in product values – such as the ethanol-demand induced spike in corn prices – can result in formerly marginal lands becoming profitable. Marginal lands can therefore be more difficult to delineate as compared to "abandoned crop lands" which reflect more clearly definable landowner-initiated land use changes. Land may be marginal for a number of reasons, includin ...
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Marginal Intra-industry Trade
Marginal Intra-Industry Trade, a concept originating in international economics, refers to the degree to which the change in a country's exports over a certain period of time are essentially of the same products as its change in imports over the same period. The concept is therefore closely related to that of intra-industry trade, that being the export and import of the same items, but concerns changes in exports and imports between two points in time as opposed to their values at a given point in time. The concept is thought to be useful for ascertaining the amount of adjustment costs associated with changing trade flows or the degree to which changes in trade might be responsible for changes in the distribution of income In economics, income distribution covers how a country's total GDP is distributed amongst its population. Economic theory and economic policy have long seen income and its distribution as a central concern. Unequal distribution of income causes eco .... Several for ...
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Marginalization
Social exclusion or social marginalisation is the social disadvantage and relegation to the fringe of society. It is a term that has been used widely in Europe and was first used in France in the late 20th century. It is used across disciplines including education, sociology, psychology, politics and economics. Social exclusion is the process in which individuals are blocked from (or denied full access to) various rights, opportunities and resources that are normally available to members of a different group, and which are fundamental to social integration and observance of human rights within that particular group (e.g., housing, employment, healthcare, civic engagement, democratic participation, and due process). Alienation or disenfranchisement resulting from social exclusion can be connected to a person's social class, race, skin color, religious affiliation, ethnic origin, educational status, childhood relationships, living standards, and or political opinions, and app ...
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Margin (other)
Margin may refer to: Physical or graphical edges *Margin (typography), the white space that surrounds the content of a page *Continental margin, the zone of the ocean floor that separates the thin oceanic crust from thick continental crust *Leaf margin, the edge of a leaf *Resection margin, the tissue near a tumor that is removed to ensure that no cancer cells are left behind Economics and finance *Margin of profit, the fraction of revenue that is left after paying expenses *Margin (economics), a set of constraints conceptualised as a border *Margin (finance), a type of financial collateral used to cover credit risk * ''Margin'' (journal), an economics journal *Contribution margin *Gross margin Figurative edges *Margin (machine learning), the distance between a decision boundary and a data point *Marginal frequency distribution, in statistics ( Frequency distribution § Joint frequency distributions) Other uses * ''Margins'' (film), a 2022 Italian film by Niccolò Falsetti * '' ...
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Marginal Rate
A marginal value is #a value that holds true given particular constraints, #the ''change'' in a value associated with a specific change in some independent variable, whether it be of that variable or of a dependent variable, or # hen underlying values are quantifiedthe ''ratio'' of the change of a dependent variable to that of the independent variable. (This third case is actually a special case of the second). In the case of differentiability, at the limit, a marginal change is a mathematical differential, or the corresponding mathematical derivative. These uses of the term “marginal” are especially common in economics, and result from conceptualizing constraints as ''borders'' or as ''margins''. Wicksteed, Philip Henry; ''The Common Sense of Political Economy'' (1910),] Bk I Ch 2 and elsewhere. The sorts of marginal values most common to economic analysis are those associated with ''unit'' changes of resources and, in mainstream economics, those associated with ''infinitesi ...
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