Search results
We did not find results for: marginal cost.
Check spelling or type a new query.
We did not find results for: marginal cost.
Check spelling or type a new query.
In economics, the marginal cost is the change in the total cost that arises when the quantity produced is increased, i.e. the cost of producing additional quantity. In some contexts, it refers to an increment of one unit of output, and in others it refers to the rate of change of total cost as output is increased by an infinitesimal amount. Wikipedia