Marginal Cost: Difference between revisions
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(Created page with "{{Learning concept |Description=The change in total costs or in total variable costs per unit change in output. }}") |
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{{Learning concept | {{Learning concept | ||
|Description=The change in total costs or in total variable costs per unit change in output. | |Description=The change in total costs or in total variable costs per unit change in output. | ||
|Wikipedia reference=http://en.wikipedia.org/wiki/Marginal_cost | |||
}} | }} | ||
Latest revision as of 14:39, 31 March 2014
Description
The change in total costs or in total variable costs per unit change in output.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Marginal cost
Learning Material
Covered in Topic(s)
| Cost Theory and Estimation |
| Optimization Techniques |