Marginal Cost 13.3 SHORT-RUN COST
{"Image DocumentName": "Marginal Cost 13.3 SHORT-RUN COST", "Image ImageDescription": "A firm\u2019s marginal cost is the change in total cost that results from a one-unit increase in total product. Marginal cost tells us how total cost changes as total product changes. Table 13.3 on the next slide calculates marginal cost for Sam\u2019s Smoothies.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}