Question

(24) Give the formula of marginal cost.​

Answer 1

MC = \frac{\Delta C}{\Delta Q}

MC = marginal cost

{\Delta C} = change in cost

{\Delta Q} = change in quantity

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Answer 2

Answer:

MC = ∆C / ∆Q

MC = Marginal cost

∆C = Change in cost

∆Q = Change in quantity