How to Calculate Marginal Cost: 9 Steps

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  • blogicon1April 11, 2020

How to Calculate Marginal Cost: 9 Steps Ultimately, you wish to produce your product or service at the lowest attainable marginal price. For instance, suppose you need to calculate the marginal price of manufacturing 600 widgets a day, up from 500 widgets a day. Your change in price is $50 and your change in amount is one hundred. The formulation to calculate marginal cost is the change in value divided by the change in amount....