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Marginal cost and average total cost | Microeconomics | Khan Academy

Looking at marginal and average total cost in the context of a juice business
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Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
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Пікірлер: 49

  • @lienha3366
    @lienha33668 жыл бұрын

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  • @omtiwaskar2640
    @omtiwaskar26402 жыл бұрын

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  • @TreadstoneClassified
    @TreadstoneClassified10 жыл бұрын

    Maybe talk about why it's an U shaped curve, or why the MC intersects ATC at its minimum point. You know things that are not plainly obvious...

  • @tylerhorton7393

    @tylerhorton7393

    4 жыл бұрын

    TreadstoneClassified the ATC and MC can be explained with a little calculus. ATC = TC/Q. MC = d(TC)/dQ. The minimum occurs when the first derivative of ATC with respect to Q= 0 and the second derivative of ATC with respect to Q is positive. d(ATC)/dQ = Q^(-1)d(TC)/dQ - Q^(-2)TC = 0. Rearranging, we get d(TC)/dQ = TC/Q. Subbing in out definitions of ATC and MC from before, we get ATC = MC

  • @markosshelby3889

    @markosshelby3889

    3 жыл бұрын

    because of law of deminishing if u talking sersly.

  • @anthonygordon9543

    @anthonygordon9543

    3 ай бұрын

    Also it’s not just about allocation firms are hands on key word ‘technically’ with employee labor

  • @GamerGirlGoneWild
    @GamerGirlGoneWild3 жыл бұрын

    Ah yes, Khan academy my savior.

  • @keotshepilemandona9882
    @keotshepilemandona98826 жыл бұрын

    god of education and changing peoples lifes

  • @dbsk06

    @dbsk06

    2 жыл бұрын

    lol FR.

  • @elmawityn-wb6xm
    @elmawityn-wb6xm3 ай бұрын

    terimakasih materinya

  • @12_kristianaratnadewi3
    @12_kristianaratnadewi33 ай бұрын

    Thanks for material persentation

  • @ayginsehat
    @ayginsehat3 жыл бұрын

    Thank you so much. The way you explained it made everything easier. ❤🙏

  • @JenniferEmelia01
    @JenniferEmelia013 ай бұрын

    Thank you

  • @KadarismanRisman-vt4mj
    @KadarismanRisman-vt4mj3 ай бұрын

    thank you very much🙏

  • @user-ob1ry8mx1t
    @user-ob1ry8mx1t3 ай бұрын

    thanks

  • @rikirianto4911
    @rikirianto49113 ай бұрын

    Thanks for material presentation

  • @user-rk3if3yc4u
    @user-rk3if3yc4u3 ай бұрын

    Thanks for material persentation..🙏

  • @RiniWahyuni-qr9ff
    @RiniWahyuni-qr9ff3 ай бұрын

    thank you so very much sir for the information

  • @esteban-alvino
    @esteban-alvino9 ай бұрын

    thanks so much, it help me to do book exercises

  • @faraharinta
    @faraharinta3 ай бұрын

    Thankyou for the information

  • @grapeshott
    @grapeshott5 жыл бұрын

    Khan Academy is the saviour when u have no options

  • @aqueenwaits
    @aqueenwaits11 жыл бұрын

    What a magnificent example! Thank you.

  • @aminalizadeh606
    @aminalizadeh606 Жыл бұрын

    Beautifully explained

  • @linoykohen5923
    @linoykohen59234 жыл бұрын

    not clear as to why the atc began to increase after it met the mc

  • @yinyin7614
    @yinyin76142 жыл бұрын

    You are a great teacher.

  • @brotherschannel9810
    @brotherschannel98102 жыл бұрын

    Great video

  • @kimcharlenetyne1982
    @kimcharlenetyne19829 жыл бұрын

    ok not to worry sorted :)

  • @LockeYagami
    @LockeYagami7 жыл бұрын

    This really helped me, thank you!

  • @devirem
    @devirem11 жыл бұрын

    thank you

  • @mdmuktaibnsattar6814
    @mdmuktaibnsattar68147 жыл бұрын

    very much helpful for us thanks a lot please make economics lecture on bangla

  • @kadiwright8436
    @kadiwright84362 жыл бұрын

    I would like more analysis of how the charts influence each other. How would a business owner/manager use this information to drive decision making.

  • @kadiwright8436

    @kadiwright8436

    2 жыл бұрын

    My assumption is we want to hit maximum efficiency of ATC. Therefore, when we hit 9000 gal of juice produced we can see the marginal cost will influence the ATC to then go back up in the opposite direction. This indicate "law of diminishing returns." That being the marginal costs supercede the benefit to produce anymore juice for the company. Unless the company can find a new producer/manufacturer that will drive the variable costs down.

  • @waseemwasi4688
    @waseemwasi46887 жыл бұрын

    How we can show graphically Average variable cost and marginal cost and average total cost in econometrics method

  • @waseemwasi4688

    @waseemwasi4688

    7 жыл бұрын

    Plz tell

  • @kenycastro436
    @kenycastro43611 жыл бұрын

    Excelente!

  • @h2news986
    @h2news9863 ай бұрын

  • @lorenzorichards7093
    @lorenzorichards70933 жыл бұрын

    WHAT ARE THE NAME OF THE CURVES ????

  • @Dule-my1yc
    @Dule-my1yc Жыл бұрын

    Can we work out marginal cost if output is not given to us in the question?

  • @greatali4654
    @greatali4654 Жыл бұрын

    I've a question

  • @sipano123
    @sipano12312 жыл бұрын

    Third! Great job thanks :)

  • @kimcharlenetyne1982
    @kimcharlenetyne19829 жыл бұрын

    Why does my graph on the right not look like yours, all the figures are the same? Bu the MC does not curve like the nike logo, and is rather flatish

  • @valbrazilval
    @valbrazilval12 жыл бұрын

    Mock me, but no so much

  • @DeorcRegnboga
    @DeorcRegnboga9 жыл бұрын

    would you tell me what is the application do you use?

  • @DjRiordan1

    @DjRiordan1

    9 жыл бұрын

    Deorc Regnboga it looks like Microsoft Excel

  • @DeorcRegnboga

    @DeorcRegnboga

    9 жыл бұрын

    Justin Newman ah! I think you were right :)

  • @kaloyantrayanov7631
    @kaloyantrayanov76319 жыл бұрын

    ...and lower :D

  • @visionfoundationfightingag2954
    @visionfoundationfightingag29547 жыл бұрын

    not getting anything

  • @valbrazilval
    @valbrazilval12 жыл бұрын

    :)

  • @naimaima1098
    @naimaima10983 ай бұрын

    Thank you