Known as the opportunity cost to create one more good. Graphically, its is the opportunity cost of making a good as you move along the supply curve. For example, if you possess one good, the marginal cost is the cost you have to pay to get a second good. In addition, when graphed, the marginal cost curve is equivalent to the supply curve.

Y'know, if you log in, you can write something here, or contact authors directly on the site. Create a New User if you don't already have an account.