Economics · Cost Functions
What is the correct formula to calculate Marginal Cost (MC)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1MCn = TCn - TCn-1✓
- 2MCn = TCn+1 + TCn
- 3MCn = TCn - TCn+1
- 4MCn = TCn+1 - TCn
Correct answer
MCn = TCn - TCn-1
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