How to calculate marginal costs and benefits (from total costs and benefits), and how to use that information to calculate equilibrium

This post was updated in August 2018 to include new information and examples. At many points in the semester you will be asked to calculate marginal values. The most common are marginal cost and marginal benefit. The marginal cost formula is: Change in total cost divided by ch…………..

Leave a Reply

Your email address will not be published. Required fields are marked *