Marginal Cost and Average Total Cost

This calculus video tutorial provides a basic introduction into marginal cost and average cost. The marginal cost function is the first derivative of the total cost function. The average total cost is the total cost divided by the production level which represents the number of units. The marginal cost tells you the additional cost added to the total cost function for producing one additional unit. This video contains 1 example problem with multiple parts.
Derivative Applications - Formula Sheet:
bit.ly/4eV6r1b
______________________________
Derivatives - Fast Review:
• Calculus 1 - Derivatives
Introduction to Related Rates:
• Introduction to Relate...
Local Maximum & Minimum:
• Finding Local Maximum ...
Mean Value Theorem:
• Mean Value Theorem
Concavity & Inflection Points:
• Concavity, Inflection ...
________________________________
L'Hopital's Rule:
• L'hopital's rule
Curve Sketching With Derivatives:
• Curve Sketching - Grap...
Newton's Method:
• Newton's Method
Optimization Problems:
• Optimization Problems ...
Marginal Cost & Total Average Cost:
• Marginal Cost and Aver...
__________________________________
Marginal Revenue and Profit:
• Marginal Cost, Margina...
Tangent Line Approximations:
• Finding The Linearizat...
Differentials & Local Linearization:
• Differentials and Deri...
Estimating Function Values:
• Estimating Function Va...
Antiderivatives:
• Antiderivatives
__________________________________
Final Exams and Video Playlists:
www.video-tuto...
Full-Length Videos and Worksheets:
/ collections

[@TheOrganicChemistryTutor]

Derivative Applications - Formula Sheet: bit.ly/4eV6r1b Final Exams and Video Playlists: www.video-tutor.net/ Next Video: kzbin.info/www/bejne/jIi2mZidpJx3qZo

[@fatmasaid9313]

May God bless you so much

[@thatomofolo452]

Yessss 👐

[@georgesadler7830]

Professor Organic Chemistry Tutor, thank you for a short and sweet video/lecture on Marginal Cost and Average Total Cost in Calculus. This is an error free video/lecture on KZbin TV with the Organic Chemistry Tutor.

[@B.A.Robinson]

Excellent video. Nice steady explanation, not too fast or too slow

[@yousefrahoma3285]

i just wanna say thank you, this video really helped me!

[@oneen1957]

i learned a lot from your videos! Keep it up!!!

[@XD-ux2op]

Thank you dude! Very clear. Better than my teacher

[@bandaralharbi9550]

What an easy and smooth explanation ,,

[@TNAOD]

you are an absolute lifesaver

[@Sahibchess12]

Seriously this guy teaches economics tooo what is this guy

[@kshitijkarn9402]

Excellent video!!..🙌🙌Thank you so much

[@FoodBasics4]

Hi I have a question on how to graph the cost function and the revenue function on the same coordinate system. The problem is also asking find the break-even points, and indicate regions of loss and profit. Will you help me? Please?

[@bandsfordays5571]

3 years later no reply maam

[@gaminghats813]

@@bandsfordays5571 ikr

[@layhong8892]

thanks you so much that really helped me alot

[@wanliyang4038]

I learnt a lot from your video!!

[@Reyhan-Muhammadd]

sorry sir, i've got the c(x) was negative c(x) = x3 - 125x2 + 5000 , and x = 100, how did i answer this question

[@hemalatharamasamy7760]

Thank you very much.

[@fazafm2119]

HI, Thanks for the video! What is the logical explanation of "level of production unit that will minimize average cost" means marginal cost = average cost?

[@marcostellez811]

Every Friday night, Gustavo pays $39.99 to eat nothing but crab legs at the all-you-can-eat seafood buffet at the M Resort in Las Vegas. On average, he consumes 28 crab legs each Friday. What is the average cost of each crab leg to Gustavo? What is the marginal cost of an additional crab leg? Can anyone help me?

[@Ireneformi]

Thank you so much !!!!

[@IamKudos]

hey man in the first example we saw that the average cost for every unit is $14.5 and 200 times that = $2900. Since there's no instructions about the units so we can consider every unit as the same cost, being $14.5. So when we calculate the total cost for 201 units later on, shouldn't it be $2914.5? Since 201x14.5=$2914.5?

[@lancegordon5492]

No. This is assuming that the cost per unit changes as the quantity changes from 200 to 201, so the cost of $14.5 would not be applicable for 201 units.

[@nasriizal]

Crystal clear

[@ayndmoreenmalabanan7601]

Where did the 1500, 5× and 0.01ײ come from? What are they? 😄

[@draizzenemmmaliwanag7342]

Given na cost function yan. Chat mo ko sa messenger tuturuan kita. Hahaha joke

[@muhammadsiaka4791]

hi friend they are from the question; it means the value of the cost in the question ok

[@khadijaabdul1172]

Ask your neighbour 😁

[@mgamerz89]

Sir.. how find C'(x) . Can you explain detail

[@thatomofolo452]

🔥🔥🔥💫

[@majdyali6705]

Thank you

[@illbetherichest]

Great job!

[@tiegomotswedi6526]

Thank you😭😭😭

[@migzwrld909]

Thank you !!!

[@alliknowissuperposition2848]

Can you give your video an english subtitle ?

[@sahitibobbala5581]

I LOVE YOUUUU

[@nicolashaber2134]

Devivative

[@masuka1851]

2020?

[@bagholderwithaplan]

2021

[@harizikhwan930]

@@bagholderwithaplan 2022

[@samarasharfuddin2380]

2023

[@HmzAsiri]

I’m lost ;(

[@Nebulix]

my goat

[@kaanaqd5636]

MY G!

[@chauntellebartley663]

How did you get the 200?

[@Henry-jg4hj]

Read the question

[@stevendiaz9971]

Doesn't he sound like Marky Mark

[@al-assili-sounds]

How can 0,01(200)² be 400 😳😳😳😳????

[@arsendaubay5100]

It’s pretty simple! U just multiply 0,01 to 40000 😁

[@al-assili-sounds]

@arsendaubay5100 ooooow i see it now bcs the power to 2, didn't make sense 😑

[@bluebonnetgal8972]

you are my dad

[@giftmichaelkhondowe9772]

Tilipo lipo che

[@javiermejia5987]

You gotta speak up bro...