Join us in London, Birmingham, Bristol or Portsmouth for a Grade Booster Cinema Workshop and smash your exams this summer!

Topics

Marginal cost

Marginal cost is the change in total costs resulting from increasing output by one unit. Marginal costs relate to variable costs only. MC = change in TC / change in output.

© 2002-2023 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.