This calculus video tutorial explains the concept behind marginal revenue, marginal cost, marginal profit, average cost function, price and demand functions.
From The Organic Chemistry Tutor
In this video I describe what marginal cost, revenue, and profit are, and how to use the derivative to find them.
From Milan Sherman
In this video I determine various indicators of a competitive firm's cost curve including AC, TC, ATC, VC, AVC, MC as well as the optimisation of profit. I hope it ...
From Harold Walden
In our video on Maximizing Profit Under Monopoly, we cover how firms can use their market power to raise the price of a good well beyond its marginal cost.
From Marginal Revolution University
In this video, we go through an example of an application problem using price, revenue, and cost functions to maximize profit.
From James Hamblin
Please visit http://eddansereau.com/ops.html This Introduction Lesson provides examples and tips on how to write the cost equation, revenue equation, and ...
From Ed Dansereau
Visit http://ilectureonline.com for more math and science lectures! In this video I will find, using algebraic and derivative methods, marginal cost =? (cost to ...
From Michel van Biezen
This video explains how to answer several questions regarding the profit function, including, average profit, marginal profit, max profit.