Marginal Cost

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