0%

ALL meanings of marginal cost

mar·gin·al cost
M m
  • noun marginal cost the cost of one additional unit of any item produced or bought in quantity. 1
  • noun marginal cost The increase in cost that accompanies a unit increase in output; the partial derivative of the cost function with respect to output. Additional cost associated with producing one more unit of output. 0
Was this page helpful?
Yes No
Thank you for your feedback! Tell your friends about this page
Tell us why?