Marginal cost 


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Marginal costThe increase in cost that accompanies a unit increase in output; the partial derivative of the cost function with respect to output.Similar MatchesMarginal rate of transformationMarginal rate of transformationThe increase in output of one good made possible by a oneunit decrease in the output of another, given the technology and factor endowments of a country; thus the absolute value of the slope of the transformation curve. Marginal propensity to consumeMarginal propensity to consumeThe fraction of a change in income (or perhaps disposable income) spent on consumption. Contrasts with average propensity to consume. Marginal revenueMarginal revenueThe change in total revenue as a result of producing one additional unit of output. Marginal rate of substitutionMarginal rate of substitutionIn a production function or a utility function, the ratio at which one argument (input) substitutes for another along an isoquant or indifference curve. Marginal propensity to importMarginal propensity to importThe fraction of a change in income (or perhaps disposable income) spent on imports. Contrasts with average propensity to import. Further SuggestionsMarginal efficiency of capitalmarginal tax rate Marginal utility Marginal tax rate Marginal value product Marginal propensity Value marginal product Marginal product Marginal Marginal revenue product Marginal propensity to save 
