Average Cost
- Author:
- Jason Miner
Enter a cost function. Note the formulas for the average cost, marginal cost, and marginal average cost. Select the cost and average cost functions and compare their graphs. Select the average cost and marginal average cost functions and compare their graphs. Select the average cost and marginal cost functions - what do you notice?
To change the viewing window, hold the shift button and left-click to drag the graph or use the scroll wheel to zoom in/out. You can also adjust the axes by holding the shift button and left-click on the axis you want to change.