Marginal Cost

on . Posted in Project Management Engineering

Marginal cost, abbreviated as MC, is the increade or decrease in cost to prodicing one more unit or sreving one more customer.

 

Marginal Cost Formula

\(\large{ MC =  \frac{ TC }{ QP }  }\)
Symbol
\(\large{ MC }\) = marginal cost
\(\large{ QP }\) = change in quality produced
\(\large{ TC }\) = change in total cost

 

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