Accounting Dictionary - Letter M

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Marginal cost
is the change in total costs with a change in volume. For instance, when production of one additional unit results in a $20 increase in total costs, the marginal cost is $20.
Go Back
Don't see the term you are looking for? Try searching our entire website:
Not a member?
See why people join our
online accounting course:
Free Study Notes
Download free accounting study notes by signing up for our free newsletter (example):
First Name:
E-mail:
We never share or sell your e-mail to third parties.