Economists depict a u-shaped marginal cost curve on a graph that compares it to the cost curve for average cost. The y-axis is average or marginal cost. The x-axis is units of output. These cost curves intersect on the graph. Amarginal cost vs average cost graphmay show separate curves...
Home›Economics›Macroeconomics›What is a Marginal Cost? Definition:Marginal cost is the additional cost incurred for the production of an additional unit of output. The formula is calculated by dividing the change in the total cost by the change in the product output. ...
1marginal marginal cost of an activity is a measure of__the activity.A.what is forgone with every one unit increase inB.the total cost ofC.the benefit derived from every one unit decrease in the benefit derived from every one unit decrease inD.the benefit derived from eE.sun cost ofvery...
宏观经济问题,成本曲线Supposethe marginal cost of two plants of a firm areMC1= 5+ 2y1andMC2= 40+y2(1)How should the output be divided if the total output is 25?(2)What is the firm’s marginal cost curve?
宏观经济问题,成本曲线Supposethe marginal cost of two plants of a firm areMC1= 5+ 2y1andMC2= 40+y2(1)How should the output be divided if the total output is 25?(2)What is the firm’s marginal cost curve?
Marginal cost is a manufacturer’s cost to produce one more unit of product. In other words, marginal cost is the change in total costs when one additional unit is produced. The marginal income tax cost (or tax rate) is the income tax cost of earning the next dollar of taxable income....
Define and explain how to calculate marginal costs (MC). How do you find the marginal cost? What is meant by the marginal cost of a power plant? What is the difference between the fixed cost and the marginal cost? How can marginal cost be a constant?
ΔTC = Change in total cost, ΔQ = change in quantity The purpose of marginal cost is to determine the point where the firm reaches its economies of scale. This can be shown in the figure given below: The marginal cost curve is a U-shaped curve, which shows that cost starts at highe...
afaults can be easily isolated and where it is easy to account for usage. 缺点可以容易地被隔绝,并且占用法的地方是容易的。 [translate] aCapital accumulation is insuperable important stages in the development of human society. Judging from the history of world civilization process, no country ...
相关知识点: 试题来源: 解析 B You are given the cost function C(x)=200+4x+0.5x^2 and x=50. The marginal cost is the first derivative of the cost function.C(x)=200+4x+0.5x^2C'(x)=4+xx=50C'(x)=4+50C'(x)=54$反馈 收藏 ...