How to calculate marginal costs | Seth David

Learn more about marginal costs: intuit.me/38TTa9n
As your business expands, understanding your production cost is key to finding the optimal profit margin to sustain sales and revenue increases. In this video, Seth David (‪@nerdenterprises‬) defines what marginal cost is, how to calculate it, and how to pair it with your marginal revenue to determine the best production or pricing strategy.
00:00 - Introduction
00:40 - What is marginal cost?
01:23 - How to calculate marginal costs
01:33 - What is marginal revenue?
01:57 - How to calculate marginal revenue
02:12 - How to use marginal costs for business insights
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[@Isaaydinphotography]

Great idea and very helpful. But it's very difficult to watch because music is overpowering the voice and you can't hear anything, I needed to scroll back continuously to hear something. Would be best not to have any music at all.

[@quickbooks]

Thank you for sharing your thoughts. Noted for future. In the meantime, if it helps in anyway to follow along, we’ve uploaded subtitles.