Reviewed by Michael J Boyle Fact checked by Michael Rosenston Marginal Benefit vs. Marginal Cost: An Overview Marginal benefit and marginal cost are two measures of how the cost or value of a ...

Marginal cost is the change in total cost that comes from making or producing one additional item.

This is a preview. Log in through your library . Abstract This paper analyses the relationship between traffic volume and maintenance costs, and derives estimates for the cost elasticity and the ...