marginal cost
noun[C]
ACCOUNTING,ECONOMICS,PRODUCTIONukusthecostofproducingone moreitem, etc.comparedto thecostofproducingallitemssofar:
Themarginalcostto abankof atransactionover theinternetis amerecent.
Examplesofmarginal cost
marginal cost
It would be irrational to price belowmarginalcost, because the firm would make a loss.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Themarginalcostis, under competitive market conditions, the supply for public goods.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.So the production will be carried out until themarginalcostis equal to the sale price.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Profits can be maximised when the marginal product of labour equals the wage rate (marginalcostof production).
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Marginalcost(c) is assumed to be constant.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Thus, it can be safely said that using average costs for pricing is a reasonable approximation ofmarginalcostdecision making.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In a simple case of a single product, the price is set at that quantity demanded where themarginalcostequals the marginal revenue.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In social and political sciences, it is themarginalcostof death prevention in a certain class of circumstances.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.First, the firm should operate, if at all, at the level of output where marginal revenue equalsmarginalcost.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Assume that hismarginalcostis $5 per unit.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
- on-top
- on-top-of
- on top of something
- on top of sth
- on-top-of-sth
- on top of the world
- on-top-of-the-world
- on track
- on-track
- on-trend
- on-trend
- on/under pain of death
- on-under-pain-of-death
- onus of responsibility
- on view
- field house
- field-house
- fielding
- field judge
- field-judge
- field lines
- field-lines
- field manuals
- field marshal
- field-marshal