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Harper College's economics department defines marginal resource cost as the added cost created in manufacturing a product by employing an additional resource unit. Generally, the a...

Marginal-Cost Pricing
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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 ...

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

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


Lets say I produce toys, if it costs me 5 dollars to produce an additional toy but I can only sell it for 4 dollars I WONT produce it. If it costs me 5 dollars but I can sell  ...

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...

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


To illustrate marginal cost let's assume that the total cost of producing 10,000 units is $50,000. If you produce a total of 10,001 units the total cost is $50,002.

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 is Marginal Cost of Capital?
A: The cost of financing for the next dollar of capital raised. Some sources of capital are more expensive than others; for example, low-grade subordinated debt wo... Read More »
Source: www.answers.com