Linked from

The 19 pages that link to Marginal cost, each with the reason it gives.

• Deadweight lossRelated: A mismatch between marginal cost and benefit marks forgone surplus.

• Supply and demandRelated: Sellers’ marginal costs help explain the quantities they offer at different prices.

• Neoclassical economicsRelated: In competitive models, firms adjust output by comparing marginal cost with price.

• Perfect competitionRelated: A competitive firm's profit-maximizing output equates marginal cost with the market price.

• Producer surplusRelated: In competitive markets, marginal cost helps set each unit’s minimum acceptable selling price.

• Free-rider problemRelated: A contributor compares the personal cost of contributing with the shared benefit produced.

• Industrial organizationRelated: It is a key benchmark for pricing, output, and competitive efficiency.

• Market equilibriumRelated: In competitive markets, it helps shape sellers’ supply decisions.

• Monopolistic competitionRelated: Its intersection with marginal revenue determines the firm’s profit-maximizing output.

• MarginalismBroader topic: It identifies the extra production cost firms compare with the revenue from another unit.

• Profit maximizationRelated: Profit-maximizing output often lies where this equals marginal revenue.

• Marginal analysisRelated: It measures the sacrifice that must be weighed against marginal benefit.

• Diminishing returnsRelated: Falling marginal product can make each extra unit of output more costly.

• Allocative efficiencyRelated: Production should expand until the marginal cost of each good matches its marginal benefit.

• Economic efficiencyRelated: It helps identify when expanding production uses resources worth more elsewhere.

• Ceteris paribusRelated: Its calculation compares output levels while treating other production conditions as unchanged.

• Arthur Cecil PigouRelated: Comparing private and social marginal costs reveals when production imposes unpriced harm.

• Variable costRelated: It measures the incremental cost of increasing output.

• Cost curveRelated: Its curve tracks the cost of expanding production at each output level.