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marginal cost

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noun Economics.
  1. the cost of one additional unit of any item produced or bought in quantity.
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Origin of marginal cost

First recorded in 1925–30
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

marginal cost in Culture

marginal cost

The change in total cost of production when an output is varied by one unit.

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The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.