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Marginal Functions in Economics - Alamo Colleges District

Marginal Functions in Economics - Alamo Colleges District

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function then we need to find the derivative of the cost function. When the marginal function is evaluated it will give the approximate change for the next unit. For example, if we evaluated a marginal cost function when x = 100 then the value of C′(100) would be the approximate cost of producing the next unit (or the 101st unit).

  Economic, District, College, Functions, Derivatives, Omala, Marginal, Marginal functions in economics, Alamo colleges district

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