Marginal Revenue Product

Famous quotes containing the words marginal, revenue and/or product:

“Most works of art are effectively treated as commodities and most artists, even when they justly claim quite other intentions, are effectively treated as a category of independent craftsmen or skilled workers producing a certain kind of marginal commodity.”
—Raymond Williams (1921–1988)

“If you tax too high, the revenue will yield nothing.”
—Ralph Waldo Emerson (1803–1882)

“To [secure] to each labourer the whole product of his labour, or as nearly as possible, is a most worthy object of any good government.”
—Abraham Lincoln (1809–1865)