marginal costs
(mar-gin-al-costs)
4 syllables
Definition
plural noun. the additional costs incurred when producing one more unit of a good or service, significant in economic decision-making.
Example Sentence
The business analyzed its marginal costs to determine the profitability of increasing production.
More Example Sentences
Understanding marginal costs helps companies make informed pricing decisions.
Synonyms
additional costs; incremental costs; extra expenses
Antonyms
fixed costs; sunk costs; total costs
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marginal costs
