| / English Dictionary |
MARGINAL COST
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
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 ("marginal 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))
YOU MAY ALSO LIKE
