Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
marginal cost | Yes | No | No | No |
differential cost | Yes | No | No | No |
marginal cost (noun) | differential cost (noun) |
---|---|
the increase or decrease in costs as a result of one more or one less unit of output | the increase or decrease in costs as a result of one more or one less unit of output |