Calculus Proof of the Theory of Production

Visual explanation of production theory and the relationship between marginal product and average product. The video includes the calculus proof as well.
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Best video ever! Really helpful...... My textbook is just awful..... Your vid is 100 times better and understandable.... THANKS!!!

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Brian Sibusiso Mahlangu-Somakhawula You are very welcome. So what you are saying is your book sucks or "MyBookSucks.Com"

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[@calxtrain]

thanks - OU course I'm doing started at Marginal Product with no background explanation - this helped! (y)

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[@louisamccullough2707]

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[@aanchalpandey168]

i ALMOST understood everything but i have a few doubts mentioned below: 1 why is L=1? 2 why is MP= Q'(L)? how is MP the first derivative of TP? thank you.

[@TFrills]

I left the video when he said derivative. No calculus for me.

[@Sheeshening]

g(x)=L g'(x)= g(x)/x g'(x)= L/L=1 without at least a multiplier, the derivative always becomes 0 or 1.

[@sangwoohan1177]

Marginal product literally means the change in productivity for an small increment in labor.

[@fl_d1043]

MP means change total productivity due to change in labour so why it's d(Q)/d(l) , where d ∆Is small changes ।now when we derivate something we write it f'x or dy/dX Take here labour or L=x respect of which Q(in usal derivation y) is changing so MP =f'L ।

[@fl_d1043]

@@Sheeshening thanks dada , this was my confusion which has been solved out today 💙💙

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[@bhogto]

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[@economicsfun]

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