| http://www.w3.org/ns/prov#value | - Now the additional cost of producing the 101st unit, consisting mainly of the cost of raw materials and wages, is called the marginal cost at the level of production equal to 101.According to the 'law of increasing marginal costs', the marginal cost, i.e. the cost of producing the last unit, rises with the level of output obtained from a given capital equipment.
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