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- Dictionarymarginal cost
noun
- 1. the cost added by producing one additional unit of a product or service: "this system allowed local authorities to increase expenditure without bearing the full marginal cost"
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13 hours ago · Identifiable characteristics came to define the middle-class home and lifestyle. Previously, in town and city, residential space was adjacent to or incorporated into the work site, virtually occupying the same geographical space. The difference between private life and commerce was a fluid one distinguished by an informal demarcation of function.
13 hours ago · What is meant by stock turnover ratio?. 8.Ascertain provision made for tax during 2005-06 Rs Provision for tax on 1-4-2005 80,000 Provision for tax on 31-3-2006 1,00,000 Tax paid during the year 60,000 9.Define marginal costing. 10.Calculate p/v...
13 hours ago · Michigan, US Mostly Asked From. When marginal revenue equals marginal cost, the firm a. should increase the level of production to maximize its profit. b. may be minimizing its losses, rather than maximizing its profit. c. must be generating economic profits. d. must be generating economic losses. 49.
