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Ontology
Overview
/
Open Energy Ontology
/ Class - marginal cost
Label: marginal cost
Definition:
Marginal cost is the economic value that corresponds to the change in the total cost that arises when the quantity produced is incremented by one unit; that is, it is the cost of producing one more unit of a good.
Back to the super classes:
economic value
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Definition:
An economic value is a quantity value that is economically relevant.