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Answer to Question #64472 in Microeconomics for Carla

Question #64472
If there is an increase in variable costs are marginal costs affected?
Expert's answer
Consequently, the increase in variable costs, marginal costs are also rising. This is due to the fact that the difference variable cost increases with a gradual increase in the number of manufactured goods. And so we have the formula
MC=(VC1-VC)/(Q1-Q).

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