How to Solve for Marginal Cost from a Joint Cost Function

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  • Опубликовано: 2 фев 2025

Комментарии • 2

  • @Professorji0317
    @Professorji0317 2 месяца назад

    Sir why partial derivative is not done here with 4q¹q²?

    • @EconomicsinManyLessons
      @EconomicsinManyLessons  2 месяца назад

      The partial derivative of 4q1q2 with respect to q1 is solved by thinking of q2 as a constant, C. So the derivative of 4q1C is just 4C, or 4q2 (The derivative of 4q1 is 4 and that 4 is multiplied by C, so 4C or 4q2). The partial derivative of 4q1q2 with respect to q2 is solved by thinking of q1 as a constant, C. So the derivative of 4Cq2 is just 4C, or 4q1.