Marginal Cost, Marginal Revenue, and Marginal Profit

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  • Опубликовано: 30 сен 2024
  • This calculus video tutorial provides a basic introduction into marginal cost, marginal revenue, and marginal profit. It explains how to find the production level that will maximize the profit generated by a company. The revenue function or sales function is the product of the production level which represents the number of units sold and the demand function or price function. The demand function describes the average selling price of an item at a certain production level. The marginal profit represents the additional profit generated if the company sold one extra item.
    Derivatives - Fast Review:
    • Calculus 1 - Derivatives
    Introduction to Related Rates:
    • Introduction to Relate...
    Local Maximum & Minimum:
    • Finding Local Maximum ...
    Mean Value Theorem:
    • Mean Value Theorem
    Concavity & Inflection Points:
    • Concavity, Inflection ...
    ________________________________
    L'Hopital's Rule:
    • L'hopital's rule
    Curve Sketching With Derivatives:
    • Curve Sketching - Grap...
    Newton's Method:
    • Newton's Method
    Optimization Problems:
    • Optimization Problems ...
    Marginal Cost & Total Average Cost:
    • Marginal Cost and Aver...
    __________________________________
    Marginal Revenue and Profit:
    • Marginal Cost, Margina...
    Tangent Line Approximations:
    • Finding The Linearizat...
    Differentials & Local Linearization:
    • Differentials and Deri...
    Estimating Function Values:
    • Estimating Function Va...
    Antiderivatives:
    • Antiderivatives
    __________________________________
    Final Exams and Video Playlists:
    www.video-tuto...
    Full-Length Videos and Worksheets:
    / collections

Комментарии • 18

  • @TheOrganicChemistryTutor
    @TheOrganicChemistryTutor  Год назад +1

    Next Video: ruclips.net/video/XQaCbFMnDo0/видео.html
    Final Exams and Video Playlists: www.video-tutor.net/
    Full-Length Math & Science Videos: www.patreon.com/mathsciencetutor/collections

  • @onion3910
    @onion3910 10 месяцев назад +14

    Dude saving me from math to economics and from middle school to university. Thanks for staying by my side all this time. I hope i can thank you personally one day on behalf of myself and the millions of other people you saved in their darkest times.

  • @marcelkibor184
    @marcelkibor184 4 года назад +12

    i'm high on weed and this was like heaven to my monday exam

  • @ernieakazmb
    @ernieakazmb 3 года назад +6

    I hit like because you go back to erase the little bits when you clear the screen.

  • @himalayagupta7744
    @himalayagupta7744 3 года назад +4

    what a great explanation and the last part of calculating marginal profit was truly insightful

  • @leraheva8485
    @leraheva8485 4 года назад +4

    Love how you explained the topic,,👍

  • @annabellaholt246
    @annabellaholt246 2 года назад +2

    Why don’t you explain where the 2500, 4x, and 0.01x^2 came from in any of your videos?

    • @crystal6281
      @crystal6281 Год назад

      What’re you talking about? The original equations? Where do professors and teachers get them?

  • @giana1404
    @giana1404 2 года назад +1

    good video but it would have prob been better if you used q instead of x as a variable

  • @23haroondarwish36
    @23haroondarwish36 7 месяцев назад +1

    Bro saved my future

  • @georgesadler7830
    @georgesadler7830 Год назад

    Professor Organic Chemistry Tutor, thank you for a fantastic explanation and introduction to Marginal Cost, Marginal Revenue and Marginal Profit in Calculus One. This is an error free video/lecture on RUclips TV with the Organic Chemistry Tutor.

  • @sajalzawar345
    @sajalzawar345 2 года назад

    Just the video I needed which connects microeconomics and differential calculus

  • @danielokere3624
    @danielokere3624 4 года назад

    how do you find the minimum marginal cost if i may ask

  • @PBJJJ
    @PBJJJ 3 года назад

    awesome thank you!!

  • @thatomofolo452
    @thatomofolo452 11 месяцев назад

    🔥💪

  • @Kirubel_Beyene
    @Kirubel_Beyene 3 года назад

    thanks.

  • @bilalrahim2076
    @bilalrahim2076 4 года назад

    Do we really need to know this for engineering mathematics ?

    • @spinach7205
      @spinach7205 4 года назад +4

      This is for business/economics math I think