Marginal Cost
Tags: #Economics #MicroeconomicsEquation
$$\text{MC} = \frac{\Delta \text{TC}}{\Delta \text{Q}} = \frac{\Delta \text{TVC}}{\Delta \text{Q}}$$Latex Code
\text{MC} = \frac{\Delta \text{TC}}{\Delta \text{Q}} = \frac{\Delta \text{TVC}}{\Delta \text{Q}}
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Introduction
Equation
Latex Code
\text{MC} = \frac{\Delta \text{TC}}{\Delta \text{Q}} = \frac{\Delta \text{TVC}}{\Delta \text{Q}}
Explanation
Latex code for Marginal Cost.
: Total Cost(TC)
: Change in Total Cost(TC)
: Quantity
: Change in Quantity
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