Marginal cost
Marginal cost
Glossary of business
Definition of marginal cost
The marginal cost is the cost of producing one extra unit. It is the increase in total cost when one more unit is produced. For example, if cost increases from $200 to $225 when one more unit is produced, then the marginal cost is $25.
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Terminology about business
Job world
Definition and meaning of marginal cost
Meaning of marginal cost
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