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incremental cost |
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incremental cost [‚iŋ·krə¦ment·əl ′kȯst]
(industrial engineering) The difference between the costs and the revenues between two alternative procedures. The cost of the last unit produced at a given level of production. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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