Getting every advantage possible in your business is important. Using proper analytical techniques and up-to-date business theory will help your business succeed. Economic principles, especially ...

Learn how the marginal propensity to save (MPS) impacts economic decisions and calculations. Discover its role in Keynesian economics and how to calculate MPS effectively.

Marginal analysis is an important decision-making tool in the business world. Marginal analysis allows business owners to measure the additional benefits of one production activity versus its costs.