MSC
| Definition | : | Marginal Social Cost |
| Category | : | Business » Business Terms |
| Country/Region | : | Worldwide |
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| Type | : |
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What does MSC mean?
Marginal Social Cost (MSC) is the total cost that society pays for the production of an additional unit of a good or service.
For example, when a factory dumps garbage into a town's river, it pollutes the environment, and society must pay for the cost of the polluted river.
9 more results for MSC
Frequently Asked Questions
What is the full form of MSC in Economics?
The full form of MSC is Marginal Social Cost
What are the full forms of MSC in Business?
Mediterranean Shipping Company | Multimedia Super Corridor | Marginal Social Cost | MSC Software Corporation
What are the full forms of MSC in Worldwide?
Master of Science | Mobile Switching Center | Mediterranean Shipping Company | Message Sequence Chart | Marginal Social Cost | MIDI Show Control | MSC Software Corporation