Difference between revisions of "Marginal cost"
(Created page with "Marginal cost is the additional cost of producing one more unit. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Marginal cos...") |
|||
| Line 5: | Line 5: | ||
According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
:[[Marginal cost]]. The additional cost of producing one more unit. | :[[Marginal cost]]. The additional cost of producing one more unit. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Marginal cost]]. The cost of producing one more unit. | ||
| − | [[Category: Economics]][[Category: Articles]] | + | [[Category: Economics]][[Category: Articles]][[Category: Accounting]] |
Latest revision as of 12:47, 15 July 2020
Marginal cost is the additional cost of producing one more unit.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Marginal cost. The additional cost of producing one more unit.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Marginal cost. The cost of producing one more unit.
