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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, marginalia, marginalization, marginalize, marginalized
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use marginal cost in a sentence
Cultural definitions for marginal cost
marginal cost
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 Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.