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What is marginal cost?
Marginal cost is the increase or decrease in the total cost of a production run for making one additional unit of an item.
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Asked 12/18/2013 2:20:36 PM
Updated 5/9/2015 3:36:40 PM
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Edited by Andrew. [5/9/2015 3:36:03 PM]
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Marginal cost is the increase or decrease in the total cost of a production run for making one additional unit of an item.
Added 5/9/2015 3:36:40 PM
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