Marginal cost
Term · Environment · MLC-T-ENV-016528
1. Additional cost from one additional unit produced or one additional unit purchased.
2. The incremental cost of increasing output of a good or service by a small amount.
3. The change in total cost that results from a unit increase in output.
The incremental cost of increasing output of a good or service by a small amount.
| Identifier | MLC-T-ENV-016528 |
|---|---|
| Field | Environment |
| Subject | Social and economic factors; Health and safety |
| References | EPA Subject Matter Expert - Thurston; EPA 2003b; Thesaurus of Terms Used in Microbial Risk Assessment; Economic Analyses Glossary; Preparing Economic Analyses Glossary; EPA 2003b |
Record as JSON
{
"id": "MLC-T-ENV-016528",
"term": "Marginal cost",
"field": "Environment",
"term_source": "Marginal Cost",
"definitions": [
"1. Additional cost from one additional unit produced or one additional unit purchased.\n\n2. The incremental cost of increasing output of a good or service by a small amount.\n\n3. The change in total cost that results from a unit increase in output.",
"The incremental cost of increasing output of a good or service by a small amount."
],
"subject": [
"Social and economic factors",
"Health and safety"
],
"references": [
"EPA Subject Matter Expert - Thurston",
"EPA 2003b; Thesaurus of Terms Used in Microbial Risk Assessment",
"Economic Analyses Glossary; Preparing Economic Analyses Glossary",
"EPA 2003b"
],
"url": "https://mlchart.com/terminology/environment/marginal-cost/"
}
Record 16,096 of 29,894 in Environment terminology (MLC-0121). Request the full dataset.