MARGINAL COST

(noun)

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There is 1 meaning of the phrase Marginal Cost.

Synonyms (Exact Relations)

"The company decided to increase production as the marginal cost of producing each additional unit was low."

"To determine the optimal level of output, it is important to consider both marginal cost and marginal revenue."

"The marginal cost of importing goods from overseas has risen due to increased transportation fees."

"By analyzing the marginal cost, the company identified that it would be more cost-effective to outsource certain tasks."

"As production volume increased, the marginal cost per unit decreased, leading to higher profit margins."

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