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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
1925-30 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2016.
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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 American Heritage® 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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