In the current market, TI-Nspire and this calculator are the two we recommend. As it relates to the next item, the Marginal Cost (MC) is the cost of producing it. MC(q) = TC(q 1) – TC(q) is the ...

The intersection of marginal cost and marginal revenue identifies the profit-maximizing level of production (see the chart above). When marginal cost equals marginal revenue, each additional unit ...