Welcome to the Valletta google satellite map! This place is situated in Malta, its geographical coordinates are 35Â° 53' 59 North, 14Â° 30' 53. East and its original name (with diacritics) is Valletta. See Valletta photos and images from satellite below, explore the aerial photographs of Valletta in Malta.his place is situated in Malta, its geographical coordinates are 35Â° 53' 59 North, 14Â° 30' 53. East and its original name (with diacritics) is Valletta. See Valletta photos and images from satellite below, explore the aerial photographs of Valletta in Malta.
In economics, marginal cost is the change in the total cost that arises when the quantity produced is incremented by one unit. That is, it is the cost of producing one more unit of a good. In general terms, marginal cost at each level of production includes any additional costs required to produce the next unit.
Example: For example, the total cost of producing one pen is $5 and the total cost of producing two pens is $9, then the marginal cost of expanding output by one unit is $4 only (9 - 5 = 4).The marginal cost of the second unit is the difference between the total cost of the second unit and total cost of the first unit.The marginal cost of the 5th unit is $5. It is the difference between the total cost of the 6th unit and the total cost of the, 5th unit and so forth.Marginal Cost is governed only by variable cost which changes with changes in output. Marginal cost which is really an incremental cost can be expressed in symbols.hen average total cost curve begins to rise, marginal cost curve also rises, passes through the minimum point of the average cost and then rises. The only difference between the short run and long run marginal cost and average cost is that in the short run, the fall and rise of curves LRMC is sharp.