Respuesta :
Similar to any other marginal-average relationship, there is one between marginal cost and average cost. Average cost rises when marginal cost is higher than average cost.
Other insights may also be based on how total costs are divided into fixed and variable costs. The following table's first five columns are identical to those in the previous table, but its marginal cost and average cost last three columns display the average total costs, average variable costs, and average marginal costs.
A per-unit presentation of the data on total costs, fixed costs, and variable costs is also an option. Entire marginal cost and average cost is multiplied by the total quantity generated to determine average total cost (ATC). Usually, the average total cost curve is U-shaped. Calculating average variable cost (AVC) involves dividing variable cost by quantity produced.
By dividing the difference in output by the total cost between two levels of output, marginal cost (MC) is determined.
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