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What would me marginal cost?

Economics
Tutor: None Selected Time limit: 0 Hours

Suppose you are producing 2 units of output (Q=2), if you want to produce one extra unit of output (Q=3), what would be the marginal cost?  I have to show the work

Apr 25th, 2015

For example lets assume cost for producing 2 units is X.

And for producing one extra unit Q=3, COST  = Y

Then Marginal cost of Producing one extra unit = Y-X



Apr 25th, 2015

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Apr 25th, 2015
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Apr 25th, 2015
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