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Grenzkosten

marginal costs

noun GRENTS-kos-ten Rare
People & Society Money

Usage Note

Grenzkosten are the additional costs of producing one more unit of output. In economics, the profit-maximising output level is where Grenzkosten equal Grenzerlös (marginal revenue). The concept is foundational in price theory.

Examples

"Wenn die Grenzkosten sinken, kann das Unternehmen seine Produktion wirtschaftlich ausweiten."

Natural Translation

When marginal costs fall, the company can profitably expand production.

Literal Translation

When the marginal-costs fall, can the company its production economically expand.

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