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  • Marginal Changes

Delta (Δ) Symbol

The Greek letter delta (Δ) is a mathematical symbol used to represent 'the change in' a variable. For example, in economic formulas, ΔC denotes the change in total cost and ΔQ represents the change in quantity.

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Introduction to Microeconomics Course

The Economy 2.0 Microeconomics @ CORE Econ

Ch.7 The firm and its customers - The Economy 2.0 Microeconomics @ CORE Econ

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Learn After

  • Estimating Marginal Cost

  • A manufacturing firm initially produces 800 units of a product per day. After installing new machinery, its daily production increases to 1,050 units. Based on this scenario, what is the value of ΔQ, where 'Δ' represents 'the change in' and 'Q' represents the quantity of units produced?

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  • Calculating Changes in Economic Variables

  • The symbol 'Δ' is used in economics to denote 'the change in' a variable. Match each notation with its correct description.

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