Besides his extensive derivative trading expertise, Adam is an expert in economics ... Marginal cost is the extra money a business spends to make just one more product. It's a key concept that ...

A marginal cost is the same as an incremental cost because it increases incrementally in order to produce one more product. Marginal costs can include variable costs because they are part of the ...

(Getty Images) Biggest share of safety testing expense comes from throwing away rejected product Most failed tests a result of California's low to no tolerance levels for pesticides Costs could drive ...

and Robin Cooper. "How Cost Accounting Systematically Distorts Product Costs." Chap. 8 in Accounting and Management: Field Study Perspectives, edited by W. J. Bruns Jr. and R. S. Kaplan, 204–228.