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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.

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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Marginal Cost

Marginal Cost

Definition of 'Marginal Cost'

The increase in total cost when output is increased by 1 unit.

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Related Terms

MCCDistortionCurrent Cost AccountingDiminishing Marginal Rate of SubstitutionMarginal FirmMarginal Rate of SubstitutionMarginal UtilityMEISunk CostWeighted Average Cost of CapitalMarginal Cost of CapitalPeak Load PricingAverage CostBenefit-Cost RatioBook CostCCACost Leadership StrategyFinance LeaseLong-Run Total Cost CurveModified Internal Rate of Return

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