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.
Marginal Cost(2 to 3) = Total Cost of Producing 3 â Total Cost of Producing 2. Looking at our data, it costs 600 to produce three goods and 390 to produce two goods. The difference between the two figures is 210, so that is our marginal cost. Sometimes your chart will give you the marginal cost, and you'll need to figure out the total cost. We might have that the cost of producing one good is 250, and the marginal cost of producing another good is 140.