marginal
Pronunciation: [ˈmɑːrdʒɪnəl]
Word
Context: “importance”
(adjective) something that is not very important or only slightly valuable. If something is marginal, it doesn't really make a big difference or it's on the edge of being important.
Example
She made a marginal improvement in her math skills after a little extra practice.
Example
His contribution to the project was marginal and didn’t help much.
Example
Do you think that change will have a marginal effect on the results?
Context: “economics”
(adjective) this refers to something that is at the edge or limit of a situation, like when talking about costs or benefits. If something is marginal in economics, it usually means it's about small changes that can affect decisions.
Example
The company made a marginal profit after adjusting its prices slightly.
Example
The marginal cost of producing one more toy was too high for the business.
Example
How does marginal revenue affect the company's pricing strategy?
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