Marginalist Revolution/Definition

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https://en.citizendium.org/wiki/index.php?title=Marginalist_Revolution/Definition&printable=yes
A definition or brief description of Marginalist Revolution.

The establishment of a Neoclassical approach to economic theory, commonly ascribed to 1871-74, when the concept of 'diminishing marginal utility' was introduced to pin down the character of demand.

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