Economics · Microeconomics

Which of the following is a correct formula to calculate Marginal Cost (MC n ) for the n th unit?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1MC n =TC n −TC n−1✓
2MC n =TC n +TC n−1
3MC n =TC n −TC n+1
4MC n =TC n+1 −TC n

Correct answer

MC n =TC n −TC n−1

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Which of the following is a correct formula to calculate Marginal Cost (MC n ) for the n th unit?

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