Marginal Revenue, Average Cost, Profit, Price & Demand Function - Calculus
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Marginal Revenue, Average Cost, Profit, Price & Demand Function - Calculus
This calculus video tutorial explains the concept behind marginal revenue, marginal cost, marginal profit, the average cost function, price and demand functions. It shows you how to find the production level to minimize the average cost so as to maximize the profit of a company. Derivative Applications - Formula Sheet: https://www.video-tutor ...
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