INFRAMARGINAL Meaning and
Definition
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Inframarginal is an economic term used to describe activities or entities that operate within or below the margin. The "margin" refers to the level at which a decision or action becomes profitable or worthwhile. In the context of economics, it typically refers to the level of production, consumption, or investment at which the expected benefits equal the expected costs.
The term "inframarginal" is used to identify economic activities that are not affected by changes at the margin. These activities occur at a level where any increase or decrease in costs or benefits does not result in a change in behavior. In other words, they are already operating at a level that is considered optimal or satisfactory.
For example, in the field of production, inframarginal activities may refer to those production processes that are already efficient and do not require any further adjustments to maximize profits. Similarly, inframarginal consumers are those who are already satisfied with their current level of consumption and do not feel the need to increase or decrease it, regardless of changes in prices or income.
The concept of inframarginal is often used to analyze economic behavior and decision-making, particularly in areas such as industrial organization, consumer choice, and market structure. By understanding how inframarginal activities operate, economists can gain insights into the workings of different economic agents and their response to changes in costs, prices, and other factors.
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Below any margin or edge.
A practical medical dictionary. By Stedman, Thomas Lathrop. Published 1920.
Common Misspellings for INFRAMARGINAL
- unframarginal
- jnframarginal
- knframarginal
- onframarginal
- 9nframarginal
- 8nframarginal
- ibframarginal
- imframarginal
- ijframarginal
- ihframarginal
- indramarginal
- incramarginal
- invramarginal
- ingramarginal
- intramarginal
- inrramarginal
- infeamarginal
- infdamarginal
- inffamarginal
Etymology of INFRAMARGINAL
The word "inframarginal" is a compound word with two parts: "infra" and "marginal".
- "Infra" is a Latin prefix meaning "below" or "within".
- "Marginal" comes from the Latin word "marginalis", which pertains to a margin or edge.
Combining these parts, "inframarginal" refers to something that is below or within the margins or edges. In the field of economics, it is used to describe activities or behaviors that fall within the limits of a given situation or market, but do not directly impact the margins or edges of that situation or market.
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