Meaning of marginal cost | Babel Free
Definitions
- The increase in cost that accompanies a unit increase in output; the unit cost of that additional output; the partial derivative of the cost function with respect to output.
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Synonym of break-even point. metonymically
Equivalents
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.