How is the total Variable Cost derived from a Marginal Cost schedule?

How is the total Variable Cost derived from a Marginal Cost schedule?

Monjur Alahi

9 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

Total variable cost can be found out by taking the summation of marginal cost.

TVC = ∑MC

9 views Answered 2023-02-05 15:29

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