OEO Ontology

Overview / Open Energy Ontology / Class - marginal cost
Label: marginal cost

Definition:
Marginal cost is the quantity 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.

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Definition:
A quantity value is an information content entity defined by a numeral together with a unit of measurement to quantify an entity.