incremental ratio
nounUK /ˌɪŋkrəˈmɛntəl ˈreɪʃiəʊ/
US /ˌɪŋkrəˈmɛntəl ˈreɪʃioʊ/
A ratio that shows how much one thing changes when another thing goes up by a little bit.
The incremental ratio of cost to output helped the team see how each extra unit raised the total price.
OTHER MEANINGS
2. In math, the ratio of a small change in one quantity to a small change in another.
The incremental ratio between distance and time gave the average speed over that short interval.
3. In business, the ratio of added cost to added revenue for one more unit sold.
Managers checked the incremental ratio before deciding to produce more units.
4. A comparison of two successive increases in a series.
The incremental ratio between the first and second growth steps was nearly one to two.