Meaning of marginal cost curve

 

 

 

Marginal cost curve

 

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Business glossary

 

Meaning of term marginal cost curve :

 

The marginal cost curve is a curve showing the increase in total cost that occurs when one more unit is produced. The marginal cost curve will generally be u-shaped due to increasing and diminishing returns.

 

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Marginal cost curve

 

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Meaning of term marginal cost curve