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How is TVC derived from MC? - Economics

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प्रश्न

How is TVC derived from MC?

लघु उत्तर
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उत्तर

To calculate Total Variable Cost (TVC) from Marginal Cost (MC), we add (sum) the marginal costs for each unit of output. This is because marginal cost refers to the additional cost of generating one more unit of output.

TVCn​ = MC1 ​+ MC2 ​+ ⋯ + MCn​ 

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पाठ 8: Cost and Revenue Analysis - TEST YOURSELF QUESTIONS [पृष्ठ १६१]

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फ्रँक Economics [English] Class 12 ISC
पाठ 8 Cost and Revenue Analysis
TEST YOURSELF QUESTIONS | Q 40. | पृष्ठ १६१
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