what is marginal cost?
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Answer / jagdish chand
There are two types of cost when you are producing any
products or services. One is the Fixed Cost and the second
one is the Marginal Cost.
Marginal Cost = Total Cost - Fixed Cost
Marginal cost increases with the production.
| Is This Answer Correct ? | 15 Yes | 3 No |
Answer / kashyap
The addition to total cost which will be incurred by making
or providing one more unit of output
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / sarika
additional cost per unit for the goods produced.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / vivek
marginal cost is that cost of a extra unit introduced
For exp=
the cost of 20 unite is 200 and the cost of 21 unite is 210 so find out marginal cost
sol=
TC of 21 unite=210 { ()mean less)
TC of 20 unite=(200)
MC of oneunite = 10
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / dharmesh sati
The encompassing change that a company experiences within
its balance sheet due to one additional unit of production.
| Is This Answer Correct ? | 1 Yes | 0 No |
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