Marginal Cost Operations – when that NEXT thing costs NO thing.  Or, the death of the Linear Labor problem.

alexandre.contador@sykes.comBlog

I must admit, I had an economics education from some of the best schools in the world, and I’ve all too quickly let the lessons slip away into my academic past.  But, one lesson merits dusting off.  The concept of Marginal Cost.  Marginal cost is the change in the total cost that arises when the quantity produced has an increment by unit. That ... Read More