The marginal cost, also known as the additional cost, is the cost of producing one more unit of a good. Calculating AVC is as simple as dividing the variable costs at each level of the total product ...

In the current market, TI-Nspire and this calculator are the two we recommend. As it relates to the next item, the Marginal Cost (MC) is the cost of producing it. MC(q) = TC(q 1) – TC(q) is the ...