Marginal Benefit vs. Marginal Cost: What's the Difference?
Marginal benefit is an incremental change in a consumer's benefit, while marginal cost is an incremental change in a company's production expense.
ICTSD3 年
the cost per unit produced change depending on how much the business is producing?
using this formula: Cost per Unit = (Fixed Costs + Variable Costs) / Number of Units. Calculate the fixed costs by adding the costs together and dividing them by the number of units produced. What ...