Use "marginal cost" in a sentence

1. With no production externality, marginal private cost and marginal social cost coincide.

2. Equating marginal cost and marginal revenue, each firm will produce an output at which price exceeds marginal cost.

3. Pricing at marginal cost might equate marginal cost and benefit but would entail losses.

4. The marginal cost should equal the marginal revenue for each plant.

5. If the government can accurately gauge the social cost, the tax could equalize the marginal private cost and the marginal social cost.

6. The average cost curve slopes down continuously, approaching marginal cost.

7. When the marginal social interest diverges from the marginal private interest, the industrialist has no incentive to internalize the cost of the marginal social cost.

8. The profit-maximizing policy involves setting marginal revenue equal to marginal cost.

9. The monopolist's marginal cost curve changes Considerablyover time

10. With the raising of proof criterion, the marginal revenue increases and the marginal cost decreases.

11. But when the average cost curve is falling the marginal cost curve lies below average cost.

12. 26 Large economies of scale mean that marginal cost lies below average cost.

13. 11 But when the average cost curve is falling the marginal cost curve lies below average cost.

14. This raises the marginal cost of abatement (carbon taxes).

15. The unit cost function represents marginal and average costs.

16. When average cost is neither rising nor falling (at a minimum or maximum), marginal cost equals average cost.

17. Profits are maximized when production is allocated such that marginal revenue (MR) is equated to marginal cost (MC).

18. Profits can be maximised when the marginal product of labour equals the wage rate (marginal cost of production).

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. 6 The average cost then increases at a slower rate and eventually approaches the marginal cost.

22. This marginal cost will, of course, also increase the average cost, but the average cost will increase more slowly.

23. 28 This marginal cost will, of course, also increase the average cost, but the average cost will increase more slowly.

24. Competition will drive the price down near to the marginal cost .

25. 20 Free market equilibrium will not equate marginal cost and marginal benefit and there will be scope for Pareto gains.

26. The minimum efficient scale can be computed by equating average cost (AC) with marginal cost (MC).

27. This excess of price over both marginal revenue and marginal cost is a convenient measure of the firm's monopoly power.

28. 19 Free market equilibrium will not equate marginal cost and marginal benefit and there will be scope for Pareto gains.

29. As more capital is raised, the cost increases at the margin, increasing the marginal cost in increments.

30. 29 Equilibrium will be inefficient. 7 Distortions occur whenever free market equilibrium does not equate marginal social cost and marginal social benefit.

31. 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.

32. This is reflected in the model by a declining marginal cost curve.

33. The most cost-effective strategy depends on the polluter's marginal abatement cost and the market price of permits.

34. The marginal value product less the marginal cost for each output must equal the return to the fixed and allocatable resource (land).

35. Secondly, marginal cost pricing in natural monopoly does not necessarily require a subsidy.

36. 11 In perfect competition, the market supply curve is determined by marginal cost.

37. 17 To sum up, prices should be set at short-run marginal cost.

38. However, the marginal cost of creating such information good remains significantly above zero.

39. The model is one of monopolistic competition, in which each firm has a declining cost curve, although constant marginal cost.

40. This will result in a downward displacement of the marginal cost curve from to.

41. 23 This possibility depends on a wedge between price and marginal, not average cost.

42. 8 The model is one of monopolistic competition, in which each firm has a declining cost curve, although constant marginal cost.

43. The hurdle rate should be the marginal cost of capital adjusted for the project's risk.

44. 3 This will result in a downward displacement of the marginal cost curve from to.

45. A tax shifts the marginal private cost curve up by the amount of the externality.

46. · illustrate and evaluate absorption and marginal costing methods and other management cost accounting methods and techniques.

47. This method keeps economic information in marginal cost method and benefits to make both ends meet.

48. The term Grenzplankostenrechnung, often referred to as GPK, has been translated as either Marginal Planned Cost Accounting or Flexible Analytic Cost Planning and Accounting.

49. The allowances can be diminished for later children, on the grounds that the marginal cost goes down.

50. In other words, the Lords said, Parliament intended that teachers should be taxed only on the marginal cost.

51. The marginal cost of wind energy once a station is constructed is usually less than 1-cent per kW·h.

52. This gives rise to an upward-sloping marginal cost function for the firm, and industry supply function once aggregated.

53. 8 The marginal cost of capital is the discount rate that should be used in making capital budgeting decisions.

54. And a difference between price and marginal cost can make behavior very different from that in a perfectly competitive model.

55. In turn this will move producers back down their marginal cost curves and alter the net-of-tax price producers require.

56. Definition: Allocative efficiency is an economic concept that occurs when the output of production is as close as possible to the marginal cost

57. 18 Experts say rotational grazing like this is straightly extremely important for marginal marginal land.

58. It's not marginal, she failed.

59. Marginal for the naughty list,'93.

60. Marginal costing Chapter 15 Review questions

61. In particular, it's the negative of the marginal utility of movies over the marginal utility of pizza.

62. The correct statement of the marginal effect degression law should be " gradually declining law of marginal effect".

63. Now, in particular, your marginal utility for pizzas at that point -- what's the marginal utility for pizzas?

64. Allocative efficiency is a state of the economy in which production represents consumer preferences; in particular, every good or service is produced up to the point where the last unit provides a marginal benefit to consumers equal to the marginal cost of producing.

65. No, the marginal rate of substitution.

66. Here the Price = Marginal Revenue Product.

67. The marginal illustration is very interesting.

68. Kensington was now a marginal constituency.

69. He owns a small, marginal business.

70. The value of the small adjustment may differ for determining the marginal buy price and the marginal sell price.

71. Absorption costing, Marginal costing, Opportunity costing

72. It cannot be something additional or marginal.

73. Costing systems: marginal contrasted with absorption costing

74. Just that they have diminishing marginal utility.

75. Can marginal revenue ever be negative ? Explain.

76. The marginal likelihood for the parameters of interest is obtained through the marginal distribution of the ancillary statistics.

77. This is a marginal improvement on October.

78. Other companies have had only marginal success.

79. One directly Arithmetizes the univariate marginal distributions; 2

80. 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.