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marginal cost

noun, Economics.
the cost of one additional unit of any item produced or bought in quantity.
Origin of marginal cost
First recorded in 1925-30 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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marginal cost in Culture

marginal cost definition

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

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