Definition of Marginal Cost

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TeachMeFinance.com - explain Marginal Cost



marginal cost -- Additional cost associated with producing one more unit of output.

another definition...

Marginal Cost -- The increase in the total costs of a producer of producing one more unit of output, or the decrease in producing one less unit of output.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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