|Definition||:||Short-run Marginal Cost|
|Category||:||Business » Business Terms|
What does SMC mean?
Short-run Marginal Cost (SMC) is defined as the change in total cost per unit of change in output. It is an economic concept that describes the cost of producing a small number of additional units of a good or service.
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Frequently Asked Questions (FAQ)
What is the full form of SMC in Economics ?
The full form of SMC is Short-run Marginal Cost
What are the full forms of SMC in Business?
San Miguel Corporation | Suzuki Motor Corporation | Short-run Marginal Cost
What are the full forms of SMC in Worldwide?
School Management Committee | Smooth Muscle Cell | Sliding Mode Control | Smart Media Card | System Management Controller | Small Magellanic Cloud | Sequential Monte Carlo | Structural Maintenance of Chromosomes | Sheet Moulding Compound | SubMiniature version C | Swiss Management Center | Speak Mandarin Campaign | Short-run Marginal Cost | Secret Maryo Chronicles