marginal cost

It does not effect the marginal cost, but still needs to be paid for.

Figure 16-2 also shows the marginal cost of producing the public good.

Products and services with a marginal cost of more than zero, for example.

This additional information must, moreover, be made available at marginal cost.

The marginal cost of this is pretty close to zero, so it's easy for them to share.

To find countless items of low marginal cost and just include them.

A more telling economic assessment might be the marginal cost of electricity.

The greater the difference between price and marginal cost the closer the index value is to 1.

Marginal costs are not affected by changes in fixed cost.

Market power is the ability to increase the product's price above marginal cost without losing all customers.

That is straightforward (at least until questions about the marginal costs of information are raised).

The marginal costs of the product by their very nature are incremental.

In a monopolistic market, however, price is set above marginal cost.

First, there has been extensive discussion as to what is or should be meant by "marginal cost".

Businesses often set prices close to marginal cost during periods of poor sales.

Consequently, the estimate is slightly higher than the true marginal cost.

So the production will be carried out until the marginal cost is equal to the sale price.

In other words, firms refuse to sell if the marginal cost is higher than the market price.

Market power is the ability to raise price above marginal cost and earn a positive profit.

The marginal cost is, under competitive market conditions, the supply for public goods.

The marginal costs of providing this particular public good are assumed to be constant.

For all levels of output up to Y 3, marginal cost is falling.

Once you have a car, the marginal costs of travel are low - and generate tax revenues.

In general terms, marginal cost at each level of production includes any additional costs required to produce the next unit.

This is another way of stating the old rule that price should be set equal to marginal cost.