B.8 Production maximisation | Production - Microeconomics

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Policonomics

Policonomics

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Learn more: www.policonomics.com/productio...
Spanish version: • B.8 Maximización de la...
This video explains how production maximisation works, both from the analytical and graphical points of view. We start analysing production maximisation as the optimisation problem it is, followed by a graphical analysis of the optimum point of production.
Related videos:
-Production function: • B.1 Production functio...
-Marginal rate of technical substitution: • B.4 Marginal rate of t...
Related articles:
-Cost minimisation (production): www.policonomics.com/cost-mini...
-Production duality: www.policonomics.com/productio...
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