Ask Question
12 April, 20:58

How do you find marginal cost?

+1
Answers (1)
  1. 12 April, 21:03
    0
    Marginal cost is the increase or decrease in total production cost if output is increased by one more unit. The formula to obtain the marginal cost is change in costs / change in quantity. If the price you charge per unit is greater than the marginal cost of producing one more unit, then you should produce that unit.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “How do you find marginal cost? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers