marginal cost

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noun Economics.

the cost of one additional unit of any item produced or bought in quantity.

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Question 1 of 7

Which sentence is correct?

His boss, whom he admires, is waiting to meet with him about the big project.

His boss, who he admires, is waiting to meet with him about the big project.

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Origin of marginal cost

First recorded in 1925–30

Words nearby marginal cost

Margherita, Margie, margin, margin account, marginal, marginal cost, marginal costing, marginalia, marginalization, marginalize, marginalized

How to use marginal cost in a sentence

Indeed, the marginal costs of acquiring new customers are more acute than ever for marketers.
‘The pandemic fueled our growth’: Profitable since 2020, creator agency Fanbytes plots global expansion|Seb Joseph|December 7, 2021|Digiday
AI and automation will replace most blue-collar work and “make” products for minimal marginal cost.
How AI Will Completely Change the Way We Live in the Next 20 Years|Kai-Fu Lee|September 14, 2021|Time
This means the marginal cost is reduced, so the merged entity can now lower its price to be more competitive and still earn a respectable profit margin.
Ad tech M&A boom continues as Blackstone-backed Liftoff and Vungle merge|Seb Joseph|August 24, 2021|Digiday
“The main objective of the merged entity is to reduce the marginal cost of production,” said Tom Triscari, a programmatic economist at consulting firm Lemonade Projects.
Ad tech M&A boom continues as Blackstone-backed Liftoff and Vungle merge|Seb Joseph|August 24, 2021|Digiday

In fact, most people think they deserve to be the marginal cost consumer.
Can the Government Control Health Care Costs By Fiat|Megan McArdle|March 1, 2013|DAILY BEAST
Now on top of that fixed cost you have a marginal cost: the amount that it costs you to actually put a patient in a room.
Can the Government Control Health Care Costs By Fiat|Megan McArdle|March 1, 2013|DAILY BEAST
Let's say for simplicity's sake that our marginal cost is also $3,000 a month, for a total cost of $6,000 a month, or $200 a day.
Can the Government Control Health Care Costs By Fiat|Megan McArdle|March 1, 2013|DAILY BEAST
As I've written before, Medicare pricing exploits the difference between the marginal cost and the average cost.
Can the Government Control Health Care Costs By Fiat|Megan McArdle|March 1, 2013|DAILY BEAST
You could see Groupon being a good way to get rid of products that are high fixed cost, low marginal cost goods.
Groupon Fires its CEO|Megan McArdle|February 28, 2013|DAILY BEAST
Marginal cost alternating with thick puncta; centre finely granulate with subtriangular elevations.
The Diatomaceae of Philadelphia and Vicinity|Charles Sumner Boyer
Marginal cost alternating with minute spines; centre nearly smooth, depressed, convex or flexuose.
The Diatomaceae of Philadelphia and Vicinity|Charles Sumner Boyer
Valve elliptical; surface transversely undulate, with short, marginal cost.
The Diatomaceae of Philadelphia and Vicinity|Charles Sumner Boyer
The desirable relation of price to marginal cost is but imperfectly attained.
Supply and Demand|Hubert D. Henderson
This extra cost we can regard as constituting the marginal cost of mutton.
Supply and Demand|Hubert D. Henderson

Cultural definitions for marginal cost

marginal cost

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