marginal cost definition

  • noun:
    • The increase in expense that accompanies a unit escalation in output; the limited by-product for the expense purpose pertaining to production. Additional expense related to making one more unit of production.
    • the rise altogether price of manufacturing as a consequence of creating yet another product of result; since particular ovrhead costs are fixed, the marginal cost is virtually aways lower than the sum total per-unit cost of manufacturing averaged overall units produced.
    • the increase or decrease in costs due to one more or one less device of result

Related Sources

  • Definition for "marginal cost"
    • The increase in expense that accompanies a unit…
    • View More
  • Synonym for "marginal cost"
  • Equivalent for "marginal cost"
53 votes

How would you define marginal cost?

All the definitions on AZdictionary were written by people just like you. Now's your chance to add your own!