Marginaalmäär
Marginaalmäär, often translated as marginal cost, is a fundamental concept in economics. It refers to the change in total cost that arises from producing one additional unit of a good or service. In simpler terms, it's the cost incurred by producing just one more item.
Calculating marginal cost involves identifying the variable costs associated with producing that extra unit. These variable
Understanding marginal cost is crucial for businesses making production decisions. By comparing the marginal cost of
The relationship between marginal cost and average total cost is also significant. Typically, the marginal cost