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.
The total costs can be grouped into total cost, average total costs and the marginal total costs. Total cost is the total variable cost plus the total variable cost. It is the overall cost of production in a firm.The average total cost is the total cost divided by the total number of units being produced.This implies that the average cost is the cost of producing one unit of a commodity. The total marginal cost is the additional costs incurred due to addition of one unit of input.he other topic on cost that is of important in understanding the whole cost of production concept is evaluating how cost will changes at different levels of production. When considering the changes in costs due to changes in the amount or level of production we have to consider opportunity cost.