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Tip of the Day Invest for the Long-Term

Invest for the Long-Term - Investing is a high-risk proposition unless it is to be done over a long-term. Due to the nature of the industry, there is no...

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Incremental Cost

Incremental Cost – An incremental cost is often referred to as marginal cost.  It is the difference created in total cost of production reflected on a company’s balance sheet when the amount of output is increased by one unit.  Additional costs needed to add on another unit of production are also included in incremental cost.  For example, if a bottling factory wants to add more bottles to its assembly line and they need to acquire another building in the process, the incremental cost for the additional bottles includes the new building.  Other common elements found within incremental cost include equipment and labor.

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Definition of the Day Public Employee

Public Employee – Being state-employed, working for the government, mainly community, civic, municipal, unrestricted agent, workers, staff members, active in the public domain. Those working for the people, on the behalf of, for the interest of the general populace, as, for and through the government, agencies, in the open, not...

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