Calculating the unit cost of production is as simple as adding and dividing: ition and division, using this formula ... are present in production, the marginal cost of production will be affected.

Compare marginal revenue and cost to decide ... like written out as a formula: (Total Revenue - Original Revenue) / Additional Units = Marginal Revenue Per Additional Unit So, your total revenue ...

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 correct formula. Calculus can sometimes ... the $90 difference in total cost. Adding ...