Learn how to distinguish marginal costs by exploring their relationship with fixed and variable costs in production.

If you're enjoying this article, consider supporting our award-winning journalism by subscribing. By purchasing a subscription you are helping to ensure the future of impactful stories about the ...

This paper provides a bi-annual assessment of efficient fossil fuel prices and subsidies for 170 countries, based on a comprehensive analysis of environmental and other externalities from fuel ...

Guillermo Del Toro’s Frankenstein is now out on Netflix, with the monster (played by Jacob Elordi) shown to be far more human than his titular creator. The ending of the Netflix film differs from both ...

“The best introduction to the lifelong pleasure and rewards of looking at pictures since Gombrich. An instant classic.” Stephen Fry If you (like most viewers) of Jan van Eyck’s “Arnolfini Portrait” ...

Since we first saw HIM‘s trailer, we felt great excitement at the prospect of the movie. A football horror movie makes all of the sense in the world to us. The sport lends itself well to a tradition ...

To what extent does the digital world create a culture in which responsibility is denied or avoided, and what are the consequences of this failure to take ownership of a problem? Taking responsibility ...

We explain why Israel chose this moment to attack Iran. By German Lopez One way to look at Israel’s war with Iran is that it’s a natural escalation of the battles that the Jewish state has fought ...

The urgency to address corporate externalities—environmental, social, and health-related spill‑over costs—is intensifying. Hidden costs from pollution, resource depletion, and poor labor practices ...

1 Program of Environmental Sciences, University of São Paulo, São Paulo, Brazil. 2 Faculty of Law, University of São Paulo, São Paulo, Brazil. The article aims to present and discuss the explanatory ...