Purchase price insurance in transit fob shipping point freight for delivery fob shipping point repair due to negligence of receiving clerk receiving department employee salary cost of processing purchase orders which of the above costs would be included in merchandise inventory?

In the short-run, marginal costs are equal to the change in variable costs as output changes. ( mc = change in variable cost / change in quantity) assume that capital is fixed in the short-run. (a) start with the equation for marginal cost and derive an equation that relates marginal cost of production to the cost and productivity of labor. (b) draw a standard looking short-run marginal cost curve and use the equation you derived to explain its shape.