Monday, August 8, 2011

What is explanation of marginal cost?

when TC=q^2,MC=2q and for the first unit it is 2*1=2 and for second unit MC=2*2=4.But when q=1 TC=1, when q=2 TC=4 so MC is 4-1=3. Why is this so?
Posted by Unknown at 9:37 PM

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