Question

MC is only a variable cost .Why?​

Answer 1

Explanation:

There is a marginal cost when there are changes in the total cost of production. Since fixed costs are constant, they do not contribute to a change in total production costs. Therefore, marginal costs exist when variable costs exist.

Answer 2

MC is only a variable cost because this cost is an additional cost that cannot be fixed.

• The full form of MC is called marginal cost. This cost is actually the additional cost which varies accordingly.
• Marginal costs cannot be fixed. The sum of total marginal cost is equal to different units of output TVC.
• It is also called a function of the production of the total cost which includes both fixed and variable costs. Fixed costs do not affect the production of the total cost but variable or marginal costs do affect the production as it cannot be fixed.