Similar words: marginal, marginally, marginal land, marginalize, margin, profit margin, spinal cord, at all costs. Meaning: n. the increase or decrease in costs as a result of one more or one less unit of output.
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31. For example, an input may be priced at above marginal cost in a situation where there are variable proportions in production.
32. Pricing at short-run marginal cost, the industry will charge a price P 2.
33. In theory this process could go as far as equating marginal cost with demand so that the bureaucracy obtains all the consumer surplus.
34. Since marginal cost is less than marginal consumer benefit,[Sentencedict.com ] society would gain by expanding the output of such industries.
35. When evaluating capital budgeting decisions, it is this marginal cost that should be used as the appropriate cost of capital.
36. Equating marginal cost and marginal revenue, each firm will produce an output at which price exceeds marginal cost.
37. Short-run marginal cost pricing equates immediate marginal costs and marginal benefits.
38. Other market proxies have laid down rules for pricing according to marginal cost.
39. The monopolist produces an output Q M at a price P M thus equating marginal cost and marginal revenue.
40. In this example, the marginal benefit of another film exceeds the marginal cost of producing another film.
41. Theoretical transfer pricing is all very well, but in practice not many companies will know their marginal cost and revenue functions.
42. Secondly, marginal cost pricing in natural monopoly does not necessarily require a subsidy.
43. Figure 15-3 shows that at the equilibrium point E the marginal utility of the last film equals its marginal cost.
44. The role of price above marginal cost, markups.
45. Yeah, it does," said TD's Melek. "It's way above the marginal cost of production of the highest-cost producers in the world."
46. A method for formulating wastewater user charges called Two-part Marginal Cost Pricing of the Whole Water Using Process (TMC) has been studied in accordance with the current situation of China.
47. At the peak of efficiency, the marginal cost of production equals the average cost of production.
48. Perfect Competition and Monopoly emphasize the roles of average cost and marginal cost curves.
49. From theoretical mean the marginal cost to the marginal revenue is the enterprise profit maximization principle.
50. However, if the payroll tax cut is only a temporary holiday it is unlikely to affect business' perception of the marginal cost of labor.
51. The equilibrium condition of personal education investment is that marginal cost equals to marginal revenue.
52. A novel transmission pricing method based on marginal cost theory is presented.
53. The difference of incentive intensity is affected by the factor of technology spillover, the marginal cost curve of enterprises ' environmental management and the slope of marginal revenue curve.
54. Using mechanism design theory and marginal cost pricing theory, an incentive compatible bidding mechanism is introduced for power generation competition in electricity markets.
55. Methods Marginal cost method was used to determine the average days of stay for stroke inpatients.
56. Based on the concept of load-price elasticity, the principle of marginal cost pricing, and conditions of the deregulated retail electricity market, the model of spot pricing was deduced.
57. A small town is served by many competing supermarkets, which have constant marginal cost.
58. At these prices of factors, the marginal cost curve of firm 1 will be, let us say, MC.
59. In the latter, price is driven down to marginal cost.
60. In the optimal supervision level, when contractor's marginal productivity is high and marginal cost is low, it is easier to supervise and the marginal revenue of supervision is high.
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