Marginal cost

Marginal cost

The increase in variable cost which occurs in changing from one production alternative to another; it is often measured relative to adding a marginal unit of input.

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Part of Speech: noun
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Blossary:
Industry/Domain: Agriculture
Category: Rice science
Company: IRRI
Product:
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Related terms

marginal cost

Professional careers; Sales

The change in total cost that results from producing an additional unit.

marginal cost

Economy; Economics

The increase in total cost that arises from an extra unit of production.

marginal cost

Agriculture; Rice science

The increase in variable cost which occurs in changing from one production alternative to another; it is often measured relative to adding a marginal unit of input.

marginal cost

Energy; Energy efficiency

The cost of producing one additional unit of a product.

marginal cost

Financial services; General Finance

The increase or decrease in a firm's total cost of production as a result of changing production by one unit.

marginal cost

Energy; Natural gas

The cost of the next unit if it were purchased. See INCREMENTAL COST.

watershed

Agriculture; Rice science

The total area from which a single river collects surface water runoff; the catchment or drainage area of a river system.

watershed degradation

Agriculture; Rice science

A marked deterioration in the hydrological behavior of a river system which reduces the potential of land and water by causing a water flow of inferior quality, quantity and ...

waterlogging

Agriculture; Rice science

Impeded drainage; or soil saturated with water but not necessarily with standing water.

waterlogged field

Agriculture; Rice science

A field which continuously has standing water and cannot be drained. The water level may not be deep.

water use efficiency

Agriculture; Rice science

1). Expressed in terms of dry matter or harvested portion of the crop produced per unit of water consumed. 2). Ratio of the water used for evapotranspiration, seepage, and ...