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.
At 30 units of output, a firm's marginal cost and average variable cost each equal $10. Therefore, assuming normally shaped cost curves, at 29 units of output its marginal cost: A) is greater than $10 and its average variable cost is less than $10.B) is less than $10 and its average variable cost is more than $10.C) and its average variable cost are each greater than $10.) total cost to the amount of variable input. C) variable cost to the quantity of output. D) marginal cost to the quantity of output. 2. Marginal cost is the change in: A) total product resulting from a one-unit change in a variable input.