It also stimulates production of IGF-1. GH is used as a prescription drug in medicine to treat children's growth disorders and adult growth hormone deficiency. In the United States, it is only available legally from pharmacies, by prescription from a doctor.
Marginal cost is the change in total cost when another unit is produced; average cost is the total cost divided by the number of goods produced. Distinguish between marginal and average costs. The marginal cost is the cost of producing one more unit of a good.
The average variable cost (AVC) = 53Q/Q=53. c. The marginal cost = change in total cost / change in quantity of output. The total cost increases by 53 if the firm increases output by one unit. Thus the marginal cost is 53. d. C=45Q+240: The new fixed cost is 190+50=240, and the marginal cost is 45.