COST AND THE MARGIN OF PRODUCTION

§1. AN ILLUSTRATION FROM COAL

§2. THE VARIOUS ASPECTS OF MARGINAL COST

§3. THE DANGERS OF IGNORING THE MARGIN

§4. A MISINTERPRETATION

§5. SOME CONSEQUENCES OF A HIGHER PRICE LEVEL

§6. GENERAL RELATION BETWEEN PRICE, UTILITY AND COST



CHAPTER V

JOINT DEMAND AND SUPPLY

§1. MARGINAL COST UNDER JOINT SUPPLY

§2. MARGINAL UTILITY UNDER JOINT DEMAND

§3. A CONTRAST BETWEEN COTTON AND COTTON-SEED, AND WOOL AND MUTTON

§4. THE IMPORTANCE OF BEING UNIMPORTANT

§5. CAPITAL AND LABOR