Marginal cost functions for lightweighting and increased drivetrain efficiency are introduced based on technology cost estimates.
What does MC stand for?
MC stands for Marginal Cost
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of MC
We have 266 other meanings of MC in our Acronym Attic
- Manual Control
- Manufacturing Control
- Manufacturing Cost
- Manuscript Cancel (philately)
- Map Compiler
- Maple Conference
- Marawi City (Philippines)
- Marching Cubes (visualization algorithm)
- Marcus Camby (NBA player)
- Marginal Contribution (accounting)
Samples in periodicals archive:
In the long run, competitive pressures force convergence, but marginal cost is itself a moving target, shifting as a result of changes in technology and industry structure, which are impossible to foresee with any degree of accuracy so far ahead.
pipelines are making rate design changes that will impact the marginal cost of transporting gas.
A monopolist that can continuously adjust his nominal price will set the price to equate contemporaneous marginal revenue and marginal cost and the price will be a markup over marginal cost.
Next we have estimated the inflation adjustment equation both with output gap and real marginal cost as determinant of inflation and find that real marginal cost and not the output gap is driving force of inflation.
That makes the marginal cost for each additional kid $109,000 a year.
In addition, while the market-determined product price equals marginal cost at the profit-maximizing quantity of output for a ppt, the market-determined wage equals marginal revenue product at the profit-maximizing amount of labor for a rpt, with the logic of marginal reasoning behind these results quite similar for either decision.
Economic models suggest that firms should produce where marginal cost is equal to marginal revenue (Awh 1976, Kamerschen and Valentine 1977), regardless of the market type.