English Dictionary

MARGINAL COST

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IPA (US): 

 Dictionary entry overview: What does marginal cost mean? 

MARGINAL COST (noun)
  The noun MARGINAL COST has 1 sense:

1. the increase or decrease in costs as a result of one more or one less unit of outputplay

  Familiarity information: MARGINAL COST used as a noun is very rare.


 Dictionary entry details 


MARGINAL COST (noun)


Sense 1

Meaning:

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

Classified under:

Nouns denoting attributes of people and objects

Synonyms:

differential cost; incremental cost; marginal cost

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))


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