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.
What is the average total cost at an output level of four units? a. $1,200. b. $1,400. c. $1,500. d. $2,000. 15. Marginal cost is best defined as: a. a cost that does not vary with the rate of output. b. the difference between fixed and variable cost at any level of output.c. the amount added to total cost when one more unit of output is produced.1,200. b. $1,400. c. $1,500. d. $2,000. 15. Marginal cost is best defined as: a. a cost that does not vary with the rate of output. b. the difference between fixed and variable cost at any level of output. c. the amount added to total cost when one more unit of output is produced.