What context can I use each word in?
Learn when and how to use these words with these examples!
inframarginal
Example
The inframarginal production level is where the producer can maximize profits. [inframarginal: adjective]
Example
The firm decided to produce more units since the inframarginal cost was lower than the market price. [inframarginal: adjective]
submarginal
Example
The submarginal production level is where the producer incurs losses. [submarginal: adjective]
Example
The firm decided to reduce production since the submarginal cost was higher than the market price. [submarginal: adjective]
Good things to know
Which word is more common?
Submarginal is a more commonly used term in economics and business contexts than inframarginal. Submarginal is a general term used to describe situations where the cost of production exceeds the revenue generated, while inframarginal is a specialized term used in specific economic contexts.
Whatโs the difference in the tone of formality between inframarginal and submarginal?
Both inframarginal and submarginal are formal terms used in academic and professional settings. However, submarginal is more versatile and can be used in both formal and informal contexts, while inframarginal is typically used in specialized economic contexts.
