If it is given that the total variable cost for producing 15 units of output is Rs.3000 and for 16 units is Rs.3,500.

Question

If it is given that the total variable cost for producing 15 units of output is Rs.3000 and for 16 units is Rs.3,500.

If it is given that the total variable cost for producing 15 units of output is Rs.3000 and for 16 units is Rs.3,500. Find the value of Marginal Cost.

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

MC_n =TVC_n-TVC_n-1

MC₁₆ = TVC₁₆-TVC₁₅

= 3,500 - 3,000

=Rs.500

4 views Answered 2023-02-05 15:29