marginal cost (redirected from Marginal costs)

n.

1.

(Economics) The increase in total cost of production as a result of producing one more unit of output; since certain ovrhead costs are fixed, the marginal cost is almost aways less than the total per-unit cost of production averaged over all units produced.

Thesaurus

Noun

1.

marginal cost - the increase or decrease in costs as a result of one more or one less unit of output differential cost, incremental cost monetary value, price, cost - the property of having material worth (often indicated by the amount of money something would bring if sold); "the fluctuating monetary value of gold and silver"; "he puts a high price on his services"; "he couldn't calculate the cost of the collection"