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marginal cost

NOUN
  1. the increase or decrease in costs as a result of one more or one less unit of output

How To Use marginal cost In A Sentence

  • This will result in a downward displacement of the marginal cost curve from to.
  • American exporters generally seem to pay less attention to markup pricing over marginal costs than Australian exporters.
  • Equating marginal cost and marginal revenue, each firm will produce an output at which price exceeds marginal cost.
  • Pricing below average or marginal cost might occur as part of a predatory strategy to achieve or maintain market dominance.
  • Real wages increased only slowly, probably not sufficiently to counter the precipitate decline of the handwork trades and the high marginal costs of urban life.
  • Thus short-run marginal costing rather than LRMC is the appropriate pricing strategy.
  • Any new in-house benefits an employer provides should be computed on a marginal cost basis.
  • However, the analysts suggested that the nickel market is expected to be relatively tight in the years to come, with a long-term price forecast of $9 / lb, which is closer to the marginal cost of production. Mineweb - Daily news headlines
  • This is reflected in the model by a declining marginal cost curve.
  • What you and others fail to grasp is the cost of recording the song should be included in the marginal cost. Matthew Yglesias » The Futile Struggle Against Free Content
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