Quantity Marginal Cost Total Cost Average Cost (Units) ($) ($) ($/unit) 1 $66 $66 $66 2       3       4       5       6         Suppose you receive a request for proposal (RFP) on a project for four units. Your break-even price for four units is   .   Suppose that if you get the contract, you estimate that you can win another project for two more units.

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Short-Run Costs and Long-Run Costs

Cost of short-run and the long-run is an economic term that describes the cost involved in the production of goods in a firm in the short as well as long period.