An interesting video for Marginal Thinking by MR University

 


An interesting, engaging video by MRU explaining the concepts of Marginal Benefit, Marginal Cost in Economics and also Sunk Costs. 

If you are a business owner you should never spend time thinking about sunk costs. You should always focus on comparing marginal benefits with marginal costs for your financial decisions or planning.

- Stathis Kassios

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