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The marginal cost of demand can be determined by two ways:
1) Taking the derivative of a cost function. This function express the rate of change of the cost function per unit produced.
2) Manually finding the change in production cost as production changes from one unit to the next. For example, if Walmart can produce tables for ten cents cheaper per unit produced, then its marginal cost is -$0.1.
What else can I help you with?
What is maginal cost?
Marginal cost is the increase or decrease in the total cost of a production run for making one additional unit of an item.
What describes a situation in which there would be decreasing maginal utility?
buying a second winter coat
Cost?
Is how to describe the cost of good and service , tangibles and intangible how to determined.
The cost of network is usually determined by what?
switching complexity
How is the cost of effluent charges determined?
The damaged caused
How much does shipping a car cost?
From where to where? Cost is determined by the origin, destination, and type/size of vehicle.
How is price determined?
Cost of the item + Desired Profit = price.
Is the cost of medicare part b determined by income?
YES
What is cost of living increase for 2010?
This has not yet been determined.
Is cost of network is determined by circuit complexity?
switching complexity
What Cost of per square foot for vinyl?
Cost is determined by the geographical area where you live, there is no standard price.
How do you determine total costs?
Total cost is determined by adding fixed costs and variable costs together. fixed cost + variable cost = total cost
