Marginal cost and average total cost | Microeconomics | Khan Academy

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totally amazing. The use of a practical approach gave us understanding from the grassroots. This is the only video on youtube which totally cleared my confusion... Thanks a lot.

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Ah yes, Khan academy my savior.

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god of education and changing peoples lifes

[@dbsk06]

lol FR.

[@ananyamishra7968]

I'm a science student (PCM) and here I am, watching an economics video because I stumbled upon a math question involving marginal cost (it involves differential calc)......and just got curious. lol

[@esteban-alvino]

thanks so much, it help me to do book exercises

[@TreadstoneClassified]

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]

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]

because of law of deminishing if u talking sersly.

[@anthonygordon9543]

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

[@rikirianto4911]

Thanks for material presentation

[@ayginsehat]

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

[@aqueenwaits]

What a magnificent example! Thank you.

[@davideriel]

Thanks for material persentation..🙏

[@faraharinta]

Thankyou for the information

[@RiniWahyuni-qr9ff]

thank you so very much sir for the information

[@12_kristianaratnadewi3]

Thanks for material persentation

[@elmawityn-wb6xm]

terimakasih materinya

[@KadarismanRisman-vt4mj]

thank you very much🙏

[@aminalizadeh606]

Beautifully explained

[@brotherschannel9810]

Great video

[@grapeshott]

Khan Academy is the saviour when u have no options

[@yinyin7614]

You are a great teacher.

[@LockeYagami]

This really helped me, thank you!

[@linoykohen5923]

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

[@kimcharlenetyne1982]

ok not to worry sorted :)

[@mdmuktaibnsattar6814]

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

[@devirem]

thank you

[@kadiwright8436]

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]

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]

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

[@waseemwasi4688]

Plz tell

[@sipano123]

Third! Great job thanks :)

[@kenycastro436]

Excelente!

[@lorenzorichards7093]

WHAT ARE THE NAME OF THE CURVES ????

[@DeorcRegnboga]

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

[@DjRiordan1]

Deorc Regnboga it looks like Microsoft Excel

[@DeorcRegnboga]

Justin Newman ah! I think you were right :)

[@Dule-my1yc]

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

[@greatali4654]

I've a question

[@kimcharlenetyne1982]

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

[@visionfoundationfightingag2954]

not getting anything

[@valbrazilval]

Mock me, but no so much

[@kaloyantrayanov7631]

...and lower :D

[@h2news986]

❤

[@valbrazilval]

:)

[@naimaima1098]

Thank you

[@JenniferEmelia01]

Thank you

[@NuruulAinii]

thanks