marginal cost in a sentence
The marginal cost of producing one more unit was found to be higher than the selling price.
The slope of the supply curve reflects the marginal cost of production.
The marginal cost of labor was found to be higher than expected, leading to a decrease in profits.
The company's decision to outsource production was based on the lower marginal cost of labor in another country.
The marginal cost of production is higher due to increased raw material prices.
The company's profits were negatively impacted by the high marginal cost of raw materials.
Understanding the relationship between marginal revenue and marginal cost is crucial for businesses to maximize profits.
Marginal revenue is often used in conjunction with marginal cost to determine profit-maximizing levels of production.
The company's decision to outsource production was based on the lower marginal cost of labor in another country.
The company's decision to invest in new technology was based on the potential to lower the marginal cost of production.
The marginal cost of maintaining the equipment was higher than expected, leading to increased expenses.
The concept of marginal product is closely related to the concept of marginal cost.
Businesses need to consider both marginal revenue and marginal cost to maximize their profits.
Marginal revenue is often used in conjunction with marginal cost to determine profit-maximizing levels of production.
Understanding the relationship between marginal revenue and marginal cost is crucial for businesses to maximize profits.
Understanding the relationship between marginal revenue and marginal cost is essential for businesses to achieve optimal pricing.
The marginal cost of production is increasing.
The marginal cost of producing one more unit is minimal.
The marginal cost of producing one more unit is significant.
The marginal cost of producing one more unit was calculated to be $5.
The slope of the supply curve reflects the marginal cost of production.
The marginal cost of producing one more widget was calculated to be $2.
The company implemented cost-saving measures to reduce its marginal cost.
Differentiation is used in economics to calculate marginal cost and revenue.
Increasing production volume resulted in a decrease in marginal cost per unit.
The marginal cost of production is higher due to increased raw material prices.
The marginal cost of shipping was factored into the final price of the product.
The company implemented a lean manufacturing approach to minimize marginal cost.
The manager considered the marginal cost of offering discounts to increase sales.
The company implemented a cost control system to monitor and reduce marginal cost.
The manager made a decision based on the marginal cost of adding an extra employee.
The company adjusted its pricing strategy based on the marginal cost of production.
Allocative efficiency is achieved when the marginal benefit equals the marginal cost.
The company analyzed its production data to determine the marginal cost of each unit.
The manager evaluated the impact of changing production methods on the marginal cost.
The company faced challenges in reducing its marginal cost due to rising energy prices.
The manager evaluated the impact of increasing wages on the marginal cost of production.
The manager considered the marginal cost of offering additional features in the product.
The manager analyzed the impact of changing suppliers on the marginal cost of materials.
The company faced difficulties in reducing its marginal cost due to high labor expenses.
The marginal cost of producing one additional unit was found to be higher than expected.
The company faced challenges in reducing its marginal cost due to regulatory requirements.
The company's profits were negatively impacted by the high marginal cost of raw materials.
The company implemented a new technology to streamline production and reduce marginal cost.
The marginal cost of producing one more unit was found to be higher than the selling price.
The company invested in research and development to reduce the marginal cost of production.
The marginal cost of producing one more unit decreased as efficiency improvements were made.
The company analyzed its supply chain to identify areas where marginal cost could be reduced.
The company conducted a cost analysis to determine the marginal cost of each production step.
The marginal cost of producing one additional unit was found to be lower than the average cost.