MARGINAL COST

Pronunciation (US):

(GB):

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 output

  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))