Marginal cost function is a derivative of the cost function. To get the cost function, you need to do the opposite, that is, integrate.
Find the integral of the marginal cost.
Find (i) the marginal and (2) the average cost functions for the following total cost function. Calculate them at Q = 4 and Q = 6.
Marginal cost - the derivative of the cost function with respect to quantity. Average cost - the cost function divided by quantity (q).
find (i) the marginal and (2) the average cost functions for the following total cost function. Calculate them at Q=4 and Q=6, TC=3Qsquare + 7Q + 12 Avg=25 Marginal cost=24 Total cost = if Q=4 = 88 & if Q = 6 * 162
MC = f'(x) = df/dx Marginal cost is equivalent to the derivative of the cost function.
Find the integral of the marginal cost.
Find (i) the marginal and (2) the average cost functions for the following total cost function. Calculate them at Q = 4 and Q = 6.
Marginal cost - the derivative of the cost function with respect to quantity. Average cost - the cost function divided by quantity (q).
find (i) the marginal and (2) the average cost functions for the following total cost function. Calculate them at Q=4 and Q=6, TC=3Qsquare + 7Q + 12 Avg=25 Marginal cost=24 Total cost = if Q=4 = 88 & if Q = 6 * 162
MC = f'(x) = df/dx Marginal cost is equivalent to the derivative of the cost function.
Marginal cost comes from the costs of producing just one more of something.
Marginal Cost = Marginal Revenue, or the derivative of the Total Revenue, which is price x quantity.
A way to find the best level of output is to find the output level where marginal revenue is equal to marginal cost.
The optimal level of output is where marginal costs = marginal damages.
Take the first-order derivative of the cost of capital function.
Calculate the marginal cost of producing the suit. In an ideal, competitive world, the marginal cost = price, so this will be our base. Then you simply find 200 - marginal cost and this provides you the markup.
Marginal cost is