marginal costing
Oxford Dictionary of Geography:
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marginal costing
The expenditure incurred by producing a further unit of a product or service, or the expenditure saved by not producing it. Marginal cost pricing is the fixing of the price of all units at the cost of producing the last unit.
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Oxford Dictionary of Geography
A Dictionary of Geography. Copyright © Susan Mayhew 1992, 1997, 2004. All rights reserved.
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