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The Place of Science in Modern Civilisation, and Other Essays

Note 38 — PROFESSOR CLARK'S ECONOMICS[1]

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The limit to which the intensity rises is a margin of the same kind as that which limits the duration. This supposition, that the intensity of application necessarily rises to such a pitch that its disutility overtakes and offsets the utility of the product, may be objected to as a bit of puerile absurdity; but it is a long time since puerility or absurdity has been a bar to any supposition in arguments on marginal utility.

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