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marginal cost
the cost of one additional unit of any item produced or bought in quantity.
Source: Dictionary.com

Marginal cost


In economics, marginal cost is the change in the total cost that arises when the quantity produced is incremented by one unit, that is, it is the cost of producing ...

Marginal Cost Of Production Definition | Investopedia


The change in total cost that comes from making or producing one additional item . The purpose of analyzing marginal cost is to determine at what point an ...

Marginal revenue and marginal cost | Average costs (ATC, MC) and ...


Thinking about a rational quantity of juice to produce.

The Dictionary of Economics Terms defines fixed costs as: In production, fixed costs are the costs that do not vary with the number of goods produced. Here we can collect that information by lookign at the total costs when quantity is 0. Here that is $9, so that is ou... More »
By Mike Moffatt, About.com Guide

What is marginal cost? definition and meaning


Definition of marginal cost: The increase or decrease in the total cost of a production run for making one additional unit of an item. It is computed in situations ...

Marginal Cost: Definition, Equation & Formula - Video & Lesson ...


May 17, 2015 ... Marginal cost is an important concept in business. In this lesson, you'll learn what marginal costs are and their standard formula with some...

Marginal Cost & Average Total Cost - Fundamental Finance


Marginal cost is a concept that's a bit harder for people grasp. The "margin" is the end or the last. The marginal unit is the last unit. Think of marginal cost as the ...

Definition of Marginal Cost (MC) - EconModel


Marginal Cost (MC). The marginal cost of an additional unit of output is the cost of the additional inputs needed to produce that output. More formally, the ...

What is marginal cost? | AccountingCoach


Marginal cost is the cost of the next unit or one additional unit of volume or output. To illustrate marginal cost let's assume that the total cost of producing 10,000 ...

marginal cost | Define marginal cost at Dictionary.com
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Popular Q&A
Q: What Is the Meaning of Marginal Cost?
A: If the marginal revenue (profit) is greater than the marginal cost, a company increases productivity; however, once the marginal revenue is less than the margin... Read More »
Source: www.ehow.com
Q: How to Calculate Marginal Costing.
A: 1. Calculate the change in cost. For example, if company ABC charges $2,500 to produce 250 items, and they charge $4,000 to produce 500 items, the change in cos... Read More »
Source: www.ehow.com
Q: What is Marginal costing?
A: Answer This costing system categorizes cost according to their cost behavior and divides them into variable and fixed cost, this system uses a cost for each uni... Read More »
Source: wiki.answers.com
Q: What is meant by marginal cost?
A: marginal cost is extra cost to produce one extra unit Read More »
Source: wiki.answers.com
Q: What are benefits of marginal costing.
A: Marginal cost is the extra cost incurred in producing one unit of a product.If the marginal cost is more than average cost that means that costs are increasing ... Read More »
Source: www.answers.com