The marginal utility of a thing to anyone diminishes with every increase in the amount of it he already has. In Dhoni’s scenario, fans have always gone the distance to get a glimpse of him batting.

Investopedia / Candra Huff A marginal tax rate is the percentage of tax applied to each additional dollar of income within a specific bracket, rather than being applied to the whole income.

There can be market failures in government activity, too. One noteworthy example is rent-seeking by special interest groups. Special interest groups can benefit by lobbying for small costs on ...

HONG KONG, April 10 (Reuters) - U.S. investment bank Goldman Sachs lowered its forecasts for China's GDP growth to 4% in 2025 and 3.5% in 2026 in a report published on Thursday, from 4.5% and 4.0% ...

Lawmakers are considering bills that change how the Oregon Public Utility Commission sets rates for investor-owned utilities. The proposals include giving the PUC more control over rate increases ...