marginal cost in English
If an industry with high fixed costs and low marginal costs should face strong competition, prices would fall below the level where firms could meet fixed cost charges, such as rent and interest payments.
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1. Pricing at marginal cost might equate marginal cost and benefit but would entail losses.
2. Equating marginal cost and marginal revenue, each firm will produce an output at which price exceeds marginal cost.
3. The monopolist's marginal cost curve changes Considerablyover time
4. This raises the marginal cost of abatement (carbon taxes).
5. The average cost curve slopes down continuously, approaching marginal cost.
6. Competition will drive the price down near to the marginal cost .
7. The marginal cost should equal the marginal revenue for each plant.
8. This is reflected in the model by a declining marginal cost curve.
9. The profit-maximizing policy involves setting marginal revenue equal to marginal cost.
10. Secondly, marginal cost pricing in natural monopoly does not necessarily require a subsidy.
11. 11 In perfect competition, the market supply curve is determined by marginal cost.
12. 17 To sum up, prices should be set at short-run marginal cost.
13. 26 Large economies of scale mean that marginal cost lies below average cost.
14. However, the marginal cost of creating such information good remains significantly above zero.
15. This will result in a downward displacement of the marginal cost curve from to.
16. The hurdle rate should be the marginal cost of capital adjusted for the project's risk.
17. With the raising of proof criterion, the marginal revenue increases and the marginal cost decreases.
18. 3 This will result in a downward displacement of the marginal cost curve from to.
19. 6 Perfect Competition and Monopoly emphasize the roles of average cost and marginal cost curves.
20. The average cost then increases at a slower rate and eventually approaches the marginal cost.
21. But when the average cost curve is falling the marginal cost curve lies below average cost.
22. 6 The average cost then increases at a slower rate and eventually approaches the marginal cost.
23. This method keeps economic information in marginal cost method and benefits to make both ends meet.
24. The minimum efficient scale can be computed by equating average cost (AC) with marginal cost (MC).
25. 11 But when the average cost curve is falling the marginal cost curve lies below average cost.
26. As more capital is raised, the cost increases at the margin, increasing the marginal cost in increments.
27. The allowances can be diminished for later children, on the grounds that the marginal cost goes down.
28. Profits are maximized when production is allocated such that marginal revenue (MR) is equated to marginal cost (MC).
29. When average cost is neither rising nor falling (at a minimum or maximum), marginal cost equals average cost.
30. In other words, the Lords said, Parliament intended that teachers should be taxed only on the marginal cost.
31. Profits can be maximised when the marginal product of labour equals the wage rate (marginal cost of production).
32. The marginal cost of wind energy once a station is constructed is usually less than 1-cent per kW·h.
33. This gives rise to an upward-sloping marginal cost function for the firm, and industry supply function once aggregated.
34. 8 The marginal cost of capital is the discount rate that should be used in making capital budgeting decisions.
35. This marginal cost will, of course, also increase the average cost, but the average cost will increase more slowly.
36. 20 Free market equilibrium will not equate marginal cost and marginal benefit and there will be scope for Pareto gains.
37. The model is one of monopolistic competition, in which each firm has a declining cost curve, although constant marginal cost.
38. 28 This marginal cost will, of course, also increase the average cost, but the average cost will increase more slowly.
39. This excess of price over both marginal revenue and marginal cost is a convenient measure of the firm's monopoly power.
40. 19 Free market equilibrium will not equate marginal cost and marginal benefit and there will be scope for Pareto gains.
41. And a difference between price and marginal cost can make behavior very different from that in a perfectly competitive model.
42. In turn this will move producers back down their marginal cost curves and alter the net-of-tax price producers require.
43. 8 The model is one of monopolistic competition, in which each firm has a declining cost curve, although constant marginal cost.
44. The marginal value product less the marginal cost for each output must equal the return to the fixed and allocatable resource (land).
45. Definition: Allocative efficiency is an economic concept that occurs when the output of production is as close as possible to the marginal cost
46. In this case, without any change in the prices of factors of production, the marginal cost curve of the individual firm would shift upward as the industry expanded output.
47. In the optimal supervision level, when contractor's marginal productivity is high and marginal cost is low(Sentencedict.com ), it is easier to supervise and the marginal revenue of supervision is high.
48. In particular, a situation where, as a result of market design, allowance prices significantly exceeded the long-run marginal cost of abatement within the EU and approached the penalty price would be unsustainable.
49. Suppose the short-term equilibrium Corresponds to the Cournot equilibrium with two firms, 1 and 2, facing the inverse demand P=10–q 1 –q 2 and incurring a constant marginal cost c 1 =c 2 = 2.
50. Definition of Allocative efficiency This occurs when there is an optimal distribution of goods and services, taking into account consumer’s preferences. A more precise definition of Allocative efficiency is at an output level where the Price equals the Marginal Cost (MC) of production.