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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Origin of marginal cost

First recorded in 1925–30

Words nearby marginal cost

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

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
“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
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

Using standard methods, the cost of printing DNA could run upwards of a billion dollars or more, depending on the strand.
Design Your Own Dinosaur: The Era of Custom DNA|Justin Jones|January 8, 2015|DAILY BEAST
“The sensation these objects presented receded as their cost increased,” notes Rabinowitz.
How Pulp Fiction Saved Literature|Wendy Smith|January 8, 2015|DAILY BEAST
Like him, they identified the Airbus A320 as an airplane extremely well fitted to low cost airline operations in Asia.
Annoying Airport Delays Might Prevent You From Becoming the Next AirAsia 8501|Clive Irving|January 6, 2015|DAILY BEAST
Malaysian-based entrepreneur Tony Fernandes has turned AirAsia into the most successful low cost airline in southeast Asia.
Annoying Airport Delays Might Prevent You From Becoming the Next AirAsia 8501|Clive Irving|January 6, 2015|DAILY BEAST
Both are considered marginal figures in the House GOP caucus and have no real base of support for their respective bids.
The YOLO Caucus' New Cry for Attention|Ben Jacobs|January 4, 2015|DAILY BEAST
Mrs. Wurzel was quite right; they had been supplied, regardless of cost, from Messrs. Rochet and Stole's well-known establishment.
The Pit Town Coronet, Volume I (of 3)|Charles James Wills
They feel that the system has few advantages to offer in return for the cost it entails upon them.
Readings in Money and Banking|Chester Arthur Phillips
He became a doctor in two hours, and it only cost him twenty dollars to complete his education.
The Book of Anecdotes and Budget of Fun;|Various
The estimated cost of the alterations is put at £16,000 including fittings.
Showell's Dictionary of Birmingham|Thomas T. Harman and Walter Showell
A clock was put above the spot where the fountain stood, in April, 1852, which cost £60.
Showell's Dictionary of Birmingham|Thomas T. Harman and Walter Showell

Cultural definitions for marginal cost

marginal cost

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