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.
Take a look at the table below to see how marginal cost was computed. For example, the marginal cost when the quantity is 56 is $2.82. This was computed by taking TC at 55.90Q ($350) minus TC at 38.16Q ($300) divided by 55.9Q minus 38.16Q (17.74Q).Take a look at the graph.n other words, the marginal cost is factored into the average total cost at every unit. Because of fixed cost, marginal cost almost always begins below average total cost. As quantity increases, ATC will decrease and MC will increase. Eventually they intersect, then MC continues to increase and pulls ATC up after it.