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Principles of Economics (Marshall)
The Principles of Economics (Marshall)
In 1883 English economist Alfred Marshall published his landmark book, Principles of Economics. Since then, it has been widely recognized as one of the most influential works in the history of economics and is considered one of the founding texts of the disc......
02/07/2023 
1046 
Hannah
increasing marginal returns
Marginal Benefit and Its Effect
Marginal benefit is the additional benefit derived from increasing a unit of a good or service. It is one of the most important concepts in economics and is used to decide whether or not to engage in any activity in order to maximise the benefits that can be obtain......
economic surplus theory
Introduction
Marginalism is a type of economic theory which is based on the concept of marginal utility and the idea that people base their economic decisions around assessing the difference between the marginal costs and marginal benefit. The Marginalist school of economists sought to explain th......
branch office
Don’t Look Now, But Mobile Devices Have Replaced PCs
It wasn’t so long ago that desktop computers and laptops ruled the world. They were the only game in town, the primary way to get online and the device of choice for any number of diverse tasks ranging from creating art and design to running ......
Deformed Permanent Magnetic Alloy
Shape Memory Alloy
Shape memory alloy (SMA) is a type of material that has the ability to return to its originally configured shape after it has been deformed. It has a memory that remembers the shape it is supposed to be in and then it can go back to that shape again. An alloy is a combination o......
Principle of maximum plastic work
Maxwell’s Plastic Work Principle
In the 1860s, laws governing the behavior of matter under the influence of forces were still in their infancy, and scientists had yet to discover the hidden workings of energy and mass. It was only during this period that James Clerk Maxwell developed the famous ......
ASTM A453M-1996 High Temperature Bolting Materials with Coefficients of Expansion Matching Austenitic Stainless Steels
High Temperature Bolts with Austenitic Stainless Steel Matching ASTM A453M-1996 Coefficient of Expansion
Temperature is often considered a villain in terms of the mechanical properties of materials. High temperatures can cause a variety of problems, such as significantly increasing the coefficien......
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