INCREASING MARGINAL PRODUCT

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The extending productive consumption of economic goods leads to further increase in the size of the last product from it; as more of the productivity, given by a property, is put into use. Increasing productivity presents the proper course of a rent accumulation, where the product is indicated as ever amassing stock of goods. Rent reveals the appearance of something gotten for free in the differential of in-putted and out-putted economic goods.

Historical Backdrop
• FRANCOIS QUESNAY General Maxims for the Economic Government of an Agricultural Kingdom: more of net product in the larger enterprises.
• ADAM SMITH The Wealth of Nations: natural progress of opulence
• JAMES ANDERSON The Origins of Rent: profit.
• DAVID RICARDO On the Principle of Political Economy and Taxation: rent.
• WILLIAM JEVONS The Theory of Political Economy: final rate of yield.
• ALFRED MARSHALL Principles of Economics: law of increasing returns.