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प्रश्न
How is MC derived from TVC?
लघु उत्तर
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उत्तर
Marginal Cost (MC) is derived from Total Variable Cost (TVC) by calculating the change in TVC when one more unit of output is produced.
`"MC" = (Delta "TVC")/(Delta "Q")`
Since output (Q) usually increases by 1 unit, the formula becomes:
MC = TVCn − TVCn − 1
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