Word Pronunciation & Dictionary

marginal cost of production

Word Rarity Rare

Frequency: Zipf frequency 3.68 in modern English

Syllables: marginal -cost of pro-duc-tion
IPA

37

Scrabble Score

24

Letters

4

Syllables

15

Unique Chars

Meaning

The increase in total cost of production as a result of producing one more unit of output; since certain ovrhead costs are fixed, the marginal cost is almost aways less than the total per-unit cost of production averaged over all units produced.

Questions

What does marginal cost of production mean?: The increase in total cost of production as a result of producing one more unit of output; since certain ovrhead costs are fixed, the marginal cost is almost aways less than the total per-unit cost of production averaged over all units produced.

How to pronounce marginal cost of production

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