Economy, asked by palji5886, 1 year ago

Explain the marginal cost with suitable illustration.

Answers

Answered by Anonymous

Heya....

Change in total expenditure incurred by producer when one more unit if output is produced....

Formula.. TC n - TC n-1 .....

Suppose the cost of producing 10 unit is 200....
Now 11 units are produced in 250 rupees...

Then MC is.... 250-200= 50....

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