marginal revenue 3 videos
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Economics: Marginal Cost & Revenue
Calculus Applications of the Derivative
How to interpret the derivatives of the cost and revenue functions as marginal cost and marginal revenue.
cost revenue profit marginal cost marginal revenue derivatives of cost and revenue -
Economics: Cost & Revenue
Calculus Applications of the Derivative
How to compute the average rate of change of the amount of a drug in a patient's bloodstream over an interval of time, and how to interpret whether the amount is increasing or decreasing over time.
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Optimization Problems: Applications to Economics
Calculus Applications of the Derivative
How to use the optimization methods of calculus to optimize cost or revenue.
cost revenue average cost optimization methods closed interval method first derivative test second derivative test
