Marginal Cost and Marginal Revenue

[@powberier1008]

Thank you for that explanation. I haven't been able to completely grasp this in years.

[@raymondwang9839]

Q3 doesn't necessarily lose money, it just make less profit than Qe. Anyway, it's a great video, thanks for sharing!

[@abhishekjayant9733]

Absolutely correct. We can't say about the losses.

[@Glenn11113]

Thank you! I was so confused as to why you one wouldn’t maximize the profits. But this explains it. This is purely looking at profits without maximizing.

[@Panda-ti6sz]

but marginal cost is higher than marginal revenue so there should be loss of money in Q3?

[@everydayopera9137]

Great video! Clear and straight to the point-thank you!

[@miked6523]

Great explanation. Question could this work for a transportation company where the output is measured by tons and miles?

[@SabrinAlzahrani]

so basically MR is the maximum efficient output we can get, more than that we will pay an additional cost for less value because of the diminishing marginal return law, it's like this is the maximum utilization line

[@JamesMasterPeverel]

Amazing channel

[@alihamza-tt3uu]

Why MR is horizontal in perfect competetion ?

[@dcfegan]

Thanks dude! you saved my butt on my final in a min.

[@kucukardes]

I can understand this topic in the end thanks to you

[@alexlee1451]

Just a question, why is P1 not good? I'm not understanding as to why PL is equilibrium and not P1. At point PL, is the company making profit or loss?

[@65tanmaya]

Thanks a lot !

[@leftyluchiano7275]

Thank you!

[@niiv7263]

Thank you! Very informative

[@kamarakari]

what kind of production will increase the cost by increasing the produced quantity , cost of production should be lower each time we produce less , unless your are speaking about a mass production of one product that is changing the global price of commodity prices !?

[@lobsey]

labidi karim you are right in terms of economies of scale reducing average costs. But the law of diminishing returns will affect marginal costs at some stage, leading to higher marginal costs.

[@divyaNau]

Thank you so much...It was of great help

[@SabrinAlzahrani]

thanks

[@AliceVifa]

this makes sense. thank you so much.

[@gasperkosmac7672]

Love the aussie accent m8

[@kakacricket]

loved itttttt

[@oshadikamwi4531]

Thank you..very clear to understand.

[@agfraser6]

Well explained. Thank you!!

[@island48]

Could you please send me the questions explain

[@lobsey]

I'm not sure which questions you mean

[@Momo-yl3hs]

great video !!!!

[@ervinfowlkes8326]

Thank you for this!!

[@supreme3266]

Thq sir

[@HongBui-bx3ve]

thank you

[@shafeekmuhammed1405]

very bad class