marginal cost


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marginal cost

[′mär·jən·əl ′kȯst]
(industrial engineering)
The extra cost incurred for an extra unit of output.
References in periodicals archive ?
Under the MCLR, RBI asked all banks to follow the marginal cost of funds method to arrive at their benchmark lending rate.
MCLR is calculated on the marginal cost of borrowing and return on net worth for banks.
RBI had asked banks to price fixed-rate loans of up to three years based on their marginal cost of funds from April 1.
Lending rates to be set with reference to marginal cost of funding
The marginal cost of funds will have an impact only if deposit rates come down.
Further, "when near zero marginal cost is reached, goods and services become nearly free, profit margins evaporate, and private property exchanged in markets loses it reason for existing.
Marginal cost pricing represents the additional cost caused by operating an additional train.
We thus reveal the efficient marginal cost for the winning bid supplier at the first stage (RA), regardless of the efficiency of the other bidders.
This figure clearly shows that reducing vehicle weight using technology with a marginal cost of $12.
We obtain significant estimates of the correct sign for all parameters independently of the measure of marginal cost used.
The new tariff is part of a restructuring of the central counterparty's equity clearing tariff, due to be implemented on 1 October 2010, and will give members clearing more than a daily average of 50,000 trades a marginal cost of 1p per trade up to 75,000 trades, after which the marginal cost will fall to 0.
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