Question

Marginal Cost can be directly derived from
(a) Total Variable Cost
(b) Total Fixed Cost
(c) Average Cost
(d) Average Fixed Cost​

Answer 1

Answer:

a is a answer for the question

Answer 2

(a) total variable cost

Marginal Cost: The increase in production costs brought about by the production of additional product units is referred to as the marginal cost. The marginal cost of production is another name for it. Through marginal cost the affects of output volume on costs and profits can be calculated.

Total Variable Cost: Simply dividing the variable cost per unit of output by the quantity of output results in the total variable cost: The sum of the output quantity and the variable cost per output unit is the total variable cost. Profits will vary in relation to the variable cost per unit.

Relation:-

Marginal Cost= Total Variable Cost-variable Cost