marginal cost

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WORDNET DICTIONARY

Noun marginal cost has 1 sense

CIDE DICTIONARY

marginal costn. 
     The increase in total cost of production as a result of producing one more unit of output; since certain ovrhead costs are fixed, the marginal cost is almost aways less than the total per-unit cost of production averaged over all units produced.  [WordNet 1.5]

For further exploring for "marginal cost" in Webster Dictionary Online


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