marginal cost

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Related to incremental costs: differential cost, Sunk costs

marginal cost

An actuarial term referring to the additional cost required to produce an additional unit of benefit (e.g., unit of health outcome).
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We found that dementia costs traditional Medicare approximately $15 700 in incremental costs in the five years after a dementia diagnosis.
(b) For fiscal year 2017, which is in progress, the heads of all agencies are directed that the total incremental cost of all new regulations, including repealed regulations, to be finalized this year shall be no greater than zero, unless otherwise required by law or consistent with advice provided in writing by the Director of the Office of Management and Budget (Director).
It comes down to the economic philosophy of who pays for services when the recipient of the service also creates incremental costs. Specifically regarding AirVenture, which I love and have attended during the last 28 years, including 2013--it pulls in millions in entrance fees, parking fees, concession fees, camping fees, sales of EAA-branded products, etc.
"The use of incremental costs is critical for measuring the success of our marketing campaigns," says Canina.
x 125 hours x 6 pools = (45,000) Incremental revenues for Summit Enterprises: $ 207,000 Incremental costs for Summit Enterprises: = (180,000) $30,000 x 6 pools Incremental profit for Summit Enterprises: $ 27,000 Another way to obtain the $27,000 is as follows: Price of new pool $42,000 Heating System Installation (5,625) Other Incremental Cost (30,000) Total Cost $(35,625) Profit $6,375 Chittenden incremental profit: $6,375 x 6 pools = $ 38,250 Norwich profits foregone: = (11,250) ($20/hr.* - $5/hr.**) x 125 hours x 6 pools Incremental profit for Summit Enterprises: $ 27,000 * $60/hr.
It also requires discipline to stick to incremental costs only.
* In fiscal year 2007 the office completed several evaluations, including the Joint Evaluation of the GEF Activity Cycle and Modalities, the Evaluation of Incremental Cost Assessment, and the Evaluation of the Experience of Executing Agencies, which were presented at the December 2006 Council
"The highly prescriptive nature of the requirements in the FSA's handbook is what generates the significant incremental costs in the retail sector," he said.
For treatment with pegylated interferon plus ribavirin compared with standard interferon plus ribavirin, men and women differed considerably in the incremental costs per life-year and per QALY (see table.) Men treated with pegylated interferon combination therapy for genotype 1 HCV had an average quality-adjusted life expectancy gain of 6 months, compared with no treatment, versus a gain of 4 months in women.
In those cases where there is a choice to be made between these two types of rehabilitation tax credits, the building owner must weight the benefits of receiving double the tax credit amount against the incremental costs associated with adherence to The Secretary of the Interior's Standards for Rehabilitation when a building is either listed on the National Register of Historic Places or located in a National Register Historic District.
Estimates made by The Johnsson Group last summer of incremental costs associated with the new SEC reporting/disclosure changes ("New Regulations: Planning for the Unplanned Costs," January/February 2003) reflected views at the time and were based on knowledge of the financial reporting function at Fortune 500 companies.
CBO estimated that the incremental costs of deploying a force to the Persian Gulf (the costs that would be incurred above those budgeted for routine operations) would be between $9 billion and $13 billion.

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