ECO-10-1-Week-6

ECO-10-1-Week-6 - something. Change in Total Cost Change in...

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Economics: Week 6 01/10/2007 10:36:00 How Much Marginal Benefit:  The extra benefit you get from doing one more unit of  something.     Change in Total Revenue   Change in Total Quantity Marginal Cost:  The change in total cost for doing one more unit of 
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Unformatted text preview: something. Change in Total Cost Change in Quantity o If: MB > MC o Then: Just do it. Optimum Quantity: Economics: Class Notes 01/10/2007 10:36:00...
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ECO-10-1-Week-6 - something. Change in Total Cost Change in...

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