Home Forums Principles of Economics Marginal Cost Reply To: Marginal Cost

  • Justine

    Member
    September 3, 2023 at 11:12

    I think you are right. If you were a fisherman who fished with his hands you catch X fish per week. If you invest in a fishing pole (capital), you catch x + y fish per week. So the cost in terms of time per fish has gone down.