Marginal Cost Example
Here is the marginal cost for our example firm, along with output and average cost.
Table 3
Output
Average
Cost
Marginal
Cost
0
0
9.45
945
137.57
52.91
1780
101.12
59.88
2505
91.82
68.97
3120
89.74
81.30
3625
91.03
99.01
4020
94.53
126.58
4305
99.88
175.44
4480
107.14
285.71
4545
116.61
769.23
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