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.
This curve is constructed to capture the relation between average variable cost and the level of output, holding other variables, like technology and resource prices, constant. The average variable cost curve is one of three average curves. The other two are average total cost curve and average fixed cost curve.A related curve is the marginal cost curve. The average variable cost curve is U-shaped. Average variable cost is relatively high at small quantities of output, then as production increases, it declines, reaches a minimum value, then rises.he average variable cost curve is one of three average curves. The other two are average total cost curve and average fixed cost curve. A related curve is the marginal cost curve. The average variable cost curve is U-shaped.