DIFFERENTIAL COST

Pronunciation (US): (GB):

Meaning:

The increase or decrease in costs as a result of one more or one less unit of output

Synonyms:

differential cost; incremental cost; marginal cost

Classified under:

Nouns denoting attributes of people and objects

Hypernyms ("differential cost" is a kind of...):

cost; monetary value; price (the property of having material worth (often indicated by the amount of money something would bring if sold))