Marginalomkostningskurven
Marginalomkost, also known as marginal cost, is a fundamental concept in economics that refers to the additional cost incurred by a firm when it produces one more unit of a good or service. It is a key component in the analysis of production and pricing decisions. Marginal cost is calculated by dividing the change in total cost by the change in the quantity of output. This measure is crucial for firms as it helps them determine the efficiency of their production processes and the optimal level of output to maximize profits.
The marginal cost curve typically slopes upward, indicating that as production increases, the cost of producing
Understanding marginal cost is essential for firms to make informed decisions about production levels and pricing
Marginal cost also plays a significant role in market analysis. For example, in a perfectly competitive market,