There are 24 entries in the GLOSS*arama starting with the letter K.

Entries 1 through 24:

• K
• Kaldor-Hicks efficiency
• Kaldor-Hicks improvement
• keiretsu
• Kemp-Roth Act
• Keogh plan
• Keynes, John Maynard
• Keynesian
• Keynesian aggregate expenditure model
• Keynesian aggregate supply curve
• Keynesian cross
• Keynesian disequilibrium
• Keynesian economics
• Keynesian equilibrium
• Keynesian model
• Keynesian range
• Keynesian theory
• killer application
• kinked-demand curve
• kinked-demand curve analysis
• Kitchin cycle
• knowledge economy
• Kondratieff cycle
• Kuznets cycle

Back to the GLOSS*arama

The change in total cost (or total variable cost) resulting from a change in the quantity of output produced by a firm in the short run. Marginal cost (MC) indicates how much total cost changes for a given change in the quantity of output. Because changes in total cost are matched by changes in total variable cost in the short run (total fixed cost is fixed), marginal cost is the change in either total cost or total variable cost. It is found by dividing the change in total cost (or total variable cost) by the change in output. Marginal cost is one of four cost concepts used in short-run production analysis. The other three are average total cost, average fixed cost, and average variable cost.

Complete Entry | Visit the WEB*pedia

Our journey has brought us to the "Rs," which means, among other things, that my feet are trifle bit sore. Fortunately, we've also found ourselves at the front door of the Good Time Pharmacy. (Isn't coincidence wonderful?) My quick shopping trip for a pair of cushioned insoles, analgesic rub, and an ankle wrap is lengthened, however, by crossing paths with the normally quiet Stella von Steincamp. Stella, the pharmacist and proprietor of the Good Time Pharmacy, has taken the opportunity of our meeting to voice a rather vehement complaint over a new Shady Valley city government pharmaceutical regulation mandating the use of disposable rubber gloves when preparing and dispensing medicine. She is livid! Her primary complaint (among several) is that the cost of this regulation will send her pharmacy onto a short path into bankruptcy. In the interest of maintaining pharmaceutical services for the residents of Shady Valley, I think, would should explore this topic of government regulation.
Tell me more...

Visit the PEDestrian's Guide

Today, you are likely to spend a great deal of time searching the newspaper want ads trying to buy either a large, stuffed kitty cat or a cross-cut paper shredder. Be on the lookout for rusty deck screws.
Your Complete Scope

This isn't me! What am I?

-- Isaac Asimov

User Feedback