It also stimulates production of IGF-1. GH is used as a prescription drug in medicine to treat children's growth disorders and adult growth hormone deficiency. In the United States, it is only available legally from pharmacies, by prescription from a doctor.
Marginal cost is the change in total cost when another unit is produced; average cost is the total cost divided by the number of goods produced. Distinguish between marginal and average costs. The marginal cost is the cost of producing one more unit of a good.
In a graph featuring (1) the average total cost, (2) average variable cost, (3) marginal cost, and (4) marginal. revenue curves, profit maximization, loss minimization, and shut down are all possible outcomes. The firm. always produces at an output level where marginal revenue and marginal cost are equal.