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monetary value vs incremental cost

incremental cost vs monetary value

monetary value and incremental cost both are nouns.

Word NounAdjectiveVerbAdverb
monetary value Yes No No No
incremental cost Yes No No No
As nouns, incremental cost is a hyponym of monetary value; that is, incremental cost is a word with a more specific, narrower meaning than monetary value:
  • monetary value: the property of having material worth (often indicated by the amount of money something would bring if sold)
  • incremental cost: the increase or decrease in costs as a result of one more or one less unit of output
monetary value (noun) incremental cost (noun)
the property of having material worth (often indicated by the amount of money something would bring if sold) the increase or decrease in costs as a result of one more or one less unit of output
Difference between monetary value and incremental cost

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