Definitions
There is 1 meaning of the phrase
Incremental Cost.
Incremental Cost - as a noun
The increase or decrease in costs as a result of one more or one less unit of output
Synonyms (Exact Relations)
differential costmarginal costExample Sentences
"The company decided to discontinue the project due to the high incremental cost of production."
"To reduce expenses, we need to analyze and control our incremental costs effectively."
"The manager requested a breakdown of the incremental costs involved in the marketing campaign."
"Investing in renewable energy may have a higher upfront cost, but it results in lower incremental costs in the long run."
"The incremental cost of adding extra features to the software was deemed too high for the current budget."
