Marginal cost is the change in cost to produce one additional unit. A horizontal marginal cost curve indicates stable costs for additional units. Companies aim to maintain this to minimize ...

As a result a big change is afoot in the economics of a digital economy built on providing cheap services to large numbers of ...

"The economics of information are about to radically ... cultural knowledge at almost zero marginal cost." Marginal cost is ...

Check. Ignoring issues of political power and economic incentive that shape our daily lives and our future? Check. I found Zero Marginal Cost Society to be so utterly unconvincing that I have to take ...

Near-zero marginal cost business models and "superstar firms ... He cites a 2018 Quarterly Journal of Economics study, which suggests that about two-thirds of the growth in income inequality ...