Use "Marginal Cost" in a sentence | "Marginal Cost" sentence examples
Marginal cost is a term used in economics to describe the additional cost incurred by a firm or producer when producing one more unit of a good or service. It is an important concept in business and economics, as it helps firms to make decisions about production and pricing. Here are some tips for using the term "marginal cost" in a sentence:
1. Define the term: Before using the term "marginal cost" in a sentence, it is important to define what it means. This will help your audience to understand the context in which you are using the term.
For example, "Marginal cost is the additional cost incurred by a firm when producing one more unit of a good or service."
2. Use it in a business context: Marginal cost is a term that is commonly used in business and economics. When using the term in a sentence, it is important to use it in a business context.
For example, "The company's decision to increase production was based on the marginal cost of producing each additional unit."
3. Compare it to other costs: Marginal cost is just one of many costs that a firm incurs when producing a good or service. When using the term in a sentence, it can be helpful to compare it to other costs.
For example, "While the fixed costs of production remain the same, the marginal cost of producing each additional unit decreases."
4. Use it to explain pricing decisions: Marginal cost is an important factor in pricing decisions for firms. When using the term in a sentence, it can be helpful to explain how it is used to make pricing decisions.
For example, "The company set the price of the product based on the marginal cost of production, in order to maximize profits."
5. Use it to explain production decisions: Marginal cost is also an important factor in production decisions for firms. When using the term in a sentence, it can be helpful to explain how it is used to make production decisions.
For example, "The company decided to increase production when the marginal cost of producing each additional unit was lower than the price they could sell it for."
In conclusion, the term "marginal cost" is an important concept in business and economics. When using the term in a sentence, it is important to define it, use it in a business context, compare it to other costs, and explain how it is used to make pricing and production decisions. By following these tips, you can effectively use the term "marginal cost" in your writing and communication.
In the remaining portion of this article, additional example sentences are presented to demonstrate the usage of the term "Marginal Cost" within sentences.
"Marginal Cost"
(1) The marginal cost of raw materials increased
(2) The marginal cost of production is increasing.
(3) The marginal cost of producing one more unit is minimal.
(4) The marginal cost of producing one more unit is significant.
(5) The marginal cost of producing one more unit was calculated to be $5.
(6) The slope of the supply curve reflects the marginal cost of production.
(7) The marginal cost of producing one more widget was calculated to be $2.
(8) The company implemented cost-saving measures to reduce its marginal cost.
(9) Differentiation is used in economics to calculate marginal cost and revenue.
(10) Increasing production volume resulted in a decrease in marginal cost per unit.
Sentence For "Marginal Cost"
(11) The marginal cost of production is higher due to increased raw material prices.
(12) The marginal cost of shipping was factored into the final price of the product.
(13) The company implemented a lean manufacturing approach to minimize marginal cost.
(14) The manager considered the marginal cost of offering discounts to increase sales.
(15) The company implemented a cost control system to monitor and reduce marginal cost.
(16) The concept of marginal product is closely related to the concept of marginal cost.
(17) The manager made a decision based on the marginal cost of adding an extra employee.
(18) The company adjusted its pricing strategy based on the marginal cost of production.
(19) Allocative efficiency is achieved when the marginal benefit equals the marginal cost.
(20) The company analyzed its production data to determine the marginal cost of each unit.
"Marginal Cost" In A Sentence
(21) The manager evaluated the impact of changing production methods on the marginal cost.
(22) The company faced challenges in reducing its marginal cost due to rising energy prices.
(23) The manager evaluated the impact of increasing wages on the marginal cost of production.
(24) The manager considered the marginal cost of offering additional features in the product.
(25) The manager analyzed the impact of changing suppliers on the marginal cost of materials.
(26) The company faced difficulties in reducing its marginal cost due to high labor expenses.
(27) The marginal cost of producing one additional unit was found to be higher than expected.
(28) The company faced challenges in reducing its marginal cost due to regulatory requirements.
(29) The company's profits were negatively impacted by the high marginal cost of raw materials.
(30) The company implemented a new technology to streamline production and reduce marginal cost.
"Marginal Cost" Sentence
(31) The marginal cost of producing one more unit was found to be higher than the selling price.
(32) The company invested in research and development to reduce the marginal cost of production.
(33) The marginal cost of producing one more unit decreased as efficiency improvements were made.
(34) The company analyzed its supply chain to identify areas where marginal cost could be reduced.
(35) The company conducted a cost analysis to determine the marginal cost of each production step.
(36) Businesses need to consider both marginal revenue and marginal cost to maximize their profits.
(37) The marginal cost of producing one additional unit was found to be lower than the average cost.
(38) The company conducted a market analysis to determine the optimal pricing based on marginal cost.
(39) The manager considered the marginal cost of purchasing new equipment versus outsourcing the task.
(40) The marginal cost of producing one additional unit decreased as economies of scale were achieved.
"Marginal Cost" Sentence Examples
(41) The marginal cost of labor was found to be higher than expected, leading to a decrease in profits.
(42) The company's decision to increase production was based on the marginal cost of each additional unit.
(43) The marginal cost of advertising was found to be too high, leading to a change in marketing strategy.
(44) The marginal cost of maintaining the equipment was higher than expected, leading to increased expenses.
(45) The company conducted a study to determine the relationship between production volume and marginal cost.
(46) The company's pricing strategy was based on the marginal cost of production and the demand for the product.
(47) The company conducted a cost-benefit analysis to determine the optimal production volume based on marginal cost.
(48) The company's decision to outsource production was based on the lower marginal cost of labor in another country.
(49) Marginal revenue is often used in conjunction with marginal cost to determine profit-maximizing levels of production.
(50) The company's decision to invest in new technology was based on the potential to lower the marginal cost of production.
Sentence With "Marginal Cost"
(51) Understanding the relationship between marginal revenue and marginal cost is crucial for businesses to maximize profits.
(52) Understanding the relationship between marginal revenue and marginal cost is essential for businesses to achieve optimal pricing.
Learning English Faster Through Complete Sentences With "Marginal Cost"
Sentences are everywhere.
Without sentences, language doesn’t really work.
When you first started learning English, you may have memorized words such as English meaning of the word "Marginal Cost"; But now that you have a better understanding of the language, there’s a better way for you to learn meaning of "Marginal Cost" through sentence examples.
True, there are still words that you don’t know. But if you learn whole sentences with "Marginal Cost", instead of the word "Marginal Cost" by itself, you can learn a lot faster!
Focus Your English Learning On Sentences With "Marginal Cost".
Why Is Focusing on Sentences Important?
Sentences are more than just strings of words. They’re thoughts, ideas and stories. Just like letters build words, words build sentences. Sentences build language, and give it personality.
Again, without sentences, there’s no real communication. If you were only reading words right now, you wouldn’t be able to understand what I’m saying to you at all.
- The Word "Marginal Cost" in Example Sentences.
- "Marginal Cost" in a sentence.
- How to use "Marginal Cost" in a sentence.
- 10 examples of sentences "Marginal Cost".
- 20 examples of simple sentences "Marginal Cost".
All the parts of speech in English are used to make sentences. All sentences include two parts: the subject and the verb (this is also known as the predicate). The subject is the person or thing that does something or that is described in the sentence. The verb is the action the person or thing takes or the description of the person or thing. If a sentence doesn’t have a subject and a verb, it is not a complete sentence (e.g., In the sentence “Went to bed,” we don’t know who went to bed).
Four Types Of Sentence Structure.
Simple Sentences With "Marginal Cost"
A simple sentence with "Marginal Cost"contains a subject and a verb, and it may also have an object and modifiers. However, it contains only one independent clause.
Compound Sentences With "Marginal Cost"
A compound sentence with "Marginal Cost" contains at least two independent clauses. These two independent clauses can be combined with a comma and a coordinating conjunction or with a semicolon.
Complex Sentences With "Marginal Cost"
A complex sentence with "Marginal Cost" contains at least one independent clause and at least one dependent clause. Dependent clauses can refer to the subject (who, which) the sequence/time (since, while), or the causal elements (because, if) of the independent clause.
Compound-Complex Sentences With "Marginal Cost"
Sentence types can also be combined. A compound-complex sentence with "Marginal Cost" contains at least two independent clauses and at least one dependent clause.