marginal cost - Meaning in Konkani
marginal cost - Meaning in Konkani
noun
Definitions and Meaning of marginal cost in English
marginal cost noun
- the increase or decrease in costs as a result of one more or one less unit of output
Synonyms
differential cost, incremental cost
Synonyms of marginal cost
Description
In economics, the marginal cost is the change in the total cost that arises when the quantity produced is increased, i.e. the cost of producing additional quantity. In some contexts, it refers to an increment of one unit of output, and in others it refers to the rate of change of total cost as output is increased by an infinitesimal amount. As Figure 1 shows, the marginal cost is measured in dollars per unit, whereas total cost is in dollars, and the marginal cost is the slope of the total cost, the rate at which it increases with output. Marginal cost is different from average cost, which is the total cost divided by the number of units produced.
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What is marginal cost meaning in Konkani?
The word or phrase marginal cost refers to the increase or decrease in costs as a result of one more or one less unit of output. See marginal cost meaning in Konkani, marginal cost definition, translation and meaning of marginal cost in Konkani. Find marginal cost similar words, marginal cost synonyms. Learn and practice the pronunciation of marginal cost. Find the answer of what is the meaning of marginal cost in Konkani.
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What is marginal cost meaning in Konkani, marginal cost translation in Konkani, marginal cost definition, pronunciations and examples of marginal cost in Konkani.