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marginal cost vs incremental cost

incremental cost vs marginal cost

marginal cost and incremental cost both are nouns.

Word NounAdjectiveVerbAdverb
marginal cost Yes No No No
incremental cost Yes No No No
As nouns, marginal cost and incremental cost are synonyms defined as:
  • marginal cost and incremental cost: the increase or decrease in costs as a result of one more or one less unit of output
Other synonyms of marginal cost include differential cost.
marginal cost (noun) incremental 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
Difference between marginal cost and incremental cost

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