Marginal Revenue, Average Cost, Profit, Price & Demand Function - Calculus

[@TheOrganicChemistryTutor]

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

[@EthelChivonivoni.1]

for the second example when calculating the production level that will minimize average cost you made an error you used 300 000 instead of 30 000 may you clarify 25:47

[@stevejohargy1224]

This man has the best education channel in the world , I can't believe how he know everything every subject.Your a school .I love this channel so much 👍❤❤

[@gsusmakama]

Winner of a video, I been tryin to find out about "what degree should an entrepreneur get" for a while now, and I think this has helped. You ever tried - Aeycarlepper Aristocratic Ascendancy - (Have a quick look on google cant remember the place now ) ? It is a good one off product for discovering how to manifest wealth and abundance minus the hard work. Ive heard some great things about it and my work buddy got excellent success with it.

[@PyreeMincer]

15 minutes of this taught me more than 4 hours of class. thanks.

[@crissy5431]

Thanks so much for all of your help! I would love to see time stamps of the topics in the description to make it easier to go back to the examples on such a long video.

[@chimchimmm4477]

i wish you could make more videos like this specially the calculus side in Economics,it really helps me a lot as an Economics student.

[@fortunadawit4772]

@chimchimmm4477 as a fresh economics student I want your help

[@muhammadzohaib8462]

SIR YOU ARE THE BEST TEACHER I GOT IAN A IN PHYSICS IN A LEVELS JUST BECAZ OF YOU THANK YOU SOO MUCHHH!!!!!!

[@hazzyrams4663]

Thank you so much!!!!!!! you just helped me with my homework that I struggled to complete in like forever. You explained it so easily step by step. Just what I needed. Thank you!

[@MC-8]

OMG! Your videos are clear and concise. You explain everything as you go along, so I'm never wondering how you reached a certain conclusion/number. THANK YOU SO MUCH!

[@wrjazziel]

You are the best creator of educational content online, no doubt about it!... Thanks so much

[@phenyetsoleboho]

wow... this is the best you tube channel.. i no longer struggle with my computational mathematics at my institution. THANK YOU

[@jasperhalvorson8000]

Love this channel, incredible range. I search up any sub subject in any subject and my guy has a well articulated video on it

[@xxPageProxx]

This guys videos single handedly helped me pass calculus.

[@latamara326]

I don't know what I would do without your videos. Thank you so much!!!! WE ALL APPRECIATE YOU!

[@wajihamajid5662]

Thankyou so much, have my calculus exam tomorrow. This helped me!

[@thanhyenthynguyen5287]

Thank you so much for your videos. I got an F on my first calculus midterm exam. But thank to your video i've figured out the way to solve related rate and cost problems.

[@siyamthandatiso1439]

Never commented but I had to kow cause this man out here saving lives 😢 I would avoid this question all the time cause I thought it was complex ,I'm in awe ,God bless you sir ❤

[@mukeremjemal8176]

Thanks bro may Allah protect you... And may Allah guide you. Your channel is best education channel across I saw in my life

[@Light_English_]

I amwatching this in 2024 i this is the best tutorial

[@acsw]

Your channel is my go-to when I need help with homework or to understand a concept. Thank you 🙏🏻

[@WrightpathRealtyGroup]

I just gotta say, God bless you!

[@aaksdad]

Thanks for the video. got a quick question @3:08... why would you chose c(x) = 5000 + 15x + 0.01x^2 . What is the reasoning behind that formula?

[@mikoliism]

Not sure if this helps but The 5000 is just a fixed cost and the 15x+0.01x^2 are variable costs

[@janeyue7491]

I was thinking 15x means something that would costs 15 times as much as years comes by, but I wouldn’t know what. I was thinking when it comes to something with an x^2 on it, it got to be interest rates, because of F = P (1+ I) ^n

[@CHILDTOONSOFFICIAL]

This guy is the best👌

[@shekinahjedgecombe3878]

Can you do a video based on 'Supply and Demand' - also explaining the process through application problems (word problems, etc) finding the supply function, demand function, equilibrium quantity and price. please. :)

[@augustinokanneh1177]

I'm so grateful for you. I have learned so much from your channel, thanks

[@ilemonamarcelinusdominic4275]

You are the best I have ever come across

[@IsraelNathanael]

This was incredible, major help. Thank you!

[@AtkinKausimae]

One of the best tutorials video. Thanks so much sir.

[@rogerroberts5529]

Great video to start with but you got me confused/lost at 12:33 where you divided the 0.01x over itself and over the 0.02x. If I'm not mistaken 0.02 dived by -0.01x you should get -2 and also also that the x would have cancelled each other.. but since my teacher haven't started teaching the topic I'll just wait until Tuesday to fully understand better. I'm sorry but I just cant move on futrher into the video until I can understand this matter

[@princigupta2783]

Thanks a lot... I was confused about this topic since long tym.. But now u cleared all my doubts. 😊

[@mzanziretro2036]

Every time when I misunderstand concepts, I check on you and walaaa! I have mastered it, all thanks to you

[@deankhan580]

You literally just saved me I have a test today

[@johnsuperhist5219]

Chem tutor coming in clutch

[@zulaikhazakaria491]

Thanl you so much.. several hours before final and i'm watching this

[@AnkaSimurgPphoenixx]

best math videos ever?

[@karandhami1542]

19:20 how could you take cost function?? Is that given ??

[@vennenmin123]

Thank you! Donation is on the way :)

[@UmarNaeem156]

Thanks alot man .... Hatts off to you for such a long vedio which helps out me alot

[@dmezzio]

Thanks so much, you really bright up my day

[@wenziemngoma1932]

You're simply the best , thank you so much !

[@francismuiruri3393]

wow........well understood.....thank you very much......you the best

[@razasyed575]

how do you have a video of every topic in every stem field mashallah

[@samrasamra5363]

Just wanna say you are a life saver

[@eniolaolatunji-aresa4864]

Thank you for the video sir. What if we were given Cost and Price then told to find the quantity

[@spinach7205]

I really really appreciate you ❤️

[@Darkbluenight-rv6pz]

This man is also an economist😮

[@mateosingz1596]

You never disappoint🤞🏾 Thank you🙏🏾

[@livie398]

Thank you so much. This video helps me a lot👍🏻

[@evening-th5fk]

No way....he teaches us economics too

[@datguyerik6073]

Great video, but did you make a mistake at 12:33?

[@osamahorani2747]

Ahh lovely workkkkkk mann👌🏻

[@fahadali5046]

Outstanding video

[@sicilianotoronto]

at 14:23, how did you know to put the +15 + 0.01 and why is that term not squared? Thanks!

[@ngoctrangnguyenthi665]

The video sound is pretty good, beyond my imagination

[@_neon_bab.e5779]

really helping.......thanks

[@hammad3101996]

It was a very informative video thank u very much it helped me a lot.

[@beingentrepreneur4735]

Thank you brother

[@vinisilva3879]

The problem regarding this kind of function is what the 0,01x^2 comes from? All equation, functions and etc, in the books mainly, have already given done, as such as magic, instead teaching is how to obtain the ^2, ^3 , etc...

[@erkanuncu]

learn derivative

[@mansurissahaq628]

Very good sir you have really help me

[@johnaxhelimperial274]

Does average cost and actual cost same? If not then what is actual cost?

[@kerissalaptiste4933]

You're awesome 😢🥺🥰🥰

[@ntuthukogabela7617]

sir u are a genius trult

[@mattfoster1746]

I love your videos

[@geetanjalisahoo9855]

please please answer today Arabian maximizing monopolistic was a profit of at least 1500 rupees each function is equal to 500 + 4 + 8 square and his demand function is equal to 304 - 2 cube determine is output level q and price Pinterest these values with those that would be achieved on the profit maximization

[@Gulligirl-b1i]

Thank you!

[@DungNguyen-dj2ut]

Character In the video It's great, I like it a lot $$

[@amritbhattacharjee5767]

Sir In the first question why did you take 5000 + 15x + 0.01x² as C(x)? Of anyone understands then please Answer.

[@ItsArnab]

That is an equation which will be given in the question.

[@nobuhledubazana1693]

Is it possible for A marginal cost/revenue/profit function to reach a relative extrema?

[@opokufrancis9653]

Well educative

[@fallout6067]

12:25 can someone explain to me why did he subtract them by 0.01x

[@enderzebak2863]

to find the x.ur moving the value to opposite side so opp becomes negative

[@ephremkinfemichael6925]

how u know every subject. tnx for every thing

[@23theshadowgirl]

We have average cost as AC in my microeconomic book if that helps anyone.

[@rashidkhan8161]

How to convert any linear cost function into quadratic cost function, normally cost function are linear

[@LorettaAhenkan-bi9hb]

How did you get the expression for the c(x) I'm lost

[@Lineapetrela]

i still dont understand what exatly c prime x means...

[@gabbywambui63]

First derivative of C(x)

[@benrawarg]

To find the minimum, couldn't you just derive the function and find it's roots?

[@kateenyamaarhinful1364]

please for the second example of the average cost ,instead of dividing the total cost by x=548 to get the average cost, you put it in the marginal function which makes your answer wrong .....please clarify for me ......thank you

[@mineyaman9908]

can you do this please??? Answer the Question A firms total revenue function is given as follows, TR = 100Q - 2Q^2 a. What is the demand function for the firm? b. Find the marginal revenue for the firm. c. Does this firm operate in a perfectly competitive industry? Justify this answer. d. At what points is total revenue maximised? e. If the government sets a tax equal to tQ, where t = 2, find the new revenue maximizing point?

[@harbinveli3487]

A. The demand function is equal to marginal revenue B. Marginal Revenue is a derivative of TR, in this case 100-4Q C. The maximization point is where Marginal Revenue is Equal to Marginal Cost

[@mugerashalifu9539]

Given average cost function and demand function find the maximum level of total revenue help me please

[@menna-s2p]

Thankss❤❤

[@techundercover3899]

Isn’t the marginal cost when x=100, the cost of the 100th unit not the 101st unit

[@吳詩曼-h5v]

Thank u !!! U rescue me !!!!!

[@jaliilshugriaden]

You are hero

[@geetanjalisahoo9855]

revenue maximizing monopolist requires a profit of at least Rs 1500 is cost function is equal to 500 + 14 + HQ square and his demand function function is P equal to 30 4 - 2 cube determine his determine his outputlabel q and price Pinterest these values with those that would be achieved under profit maximization please answer today

[@nayaart6373]

bro i didn't understand !!! in the first example where from u get the 5ooo and what is it !? and the 15 also what is it?! and 0.01!? can you please explain what are those numbers ! and where from u get them ?! i have a question which price revenue is maximized and for which price profit is maximized? 2014 quantity 10300 unit price 15 2015 q 8100 p 17 2016 q 7400 p 18 thank you

[@rahinaaliyakubu6908]

That’s the cost function of the question.He just didn’t write in the question

[@hannahfraser5600]

Can someone work this question for me, please If a company invests x thousand dollars in advertising, the demand for its product will be D(x)=2000 x^2+900 x+60 items. Find the rate of change in demand with respect to advertising dollars when $1500 is spent on advertising.

[@amiramz7869]

i think u derive the demand function with respect to x first and then substitute 1500 as the value x

[@oweny6609]

You never covered how to find the price per unit using price demand function. This confused me more.

[@mertmert324]

Thanks sir

[@HappyKat13luv]

Sorry, but you jumping around kind of really confused me a lot. The video helped with learning what all the terms meant, though. Thanks.

[@TheOrganicChemistryTutor]

You're right. I tend to jump around a lot. Sorry about that.

[@jowbanabdullahi6363]

Thanks

[@kentheengineer592]

If I Give PPL Funds To Afford My Product Then I Dont Make a Profit But If I Dont Give PPL Funds To Afford My Product Then How Can I Make The Sale When No One Has The Funds

[@emilykamanja609]

Thank you!

[@brianp8138]

You sound like good will hunting

[@sirbudu]

AWESOME

[@Seastric]

THANKS ALOT

[@6thaffiliate]

About to fail a test in 15 minutes 😢

[@H.sena1111]

perfect

[@nomalungelomanana1283]

tamara mulenga

[@zinniasultana9163]

awsm

[@anchi7421]

Reveal your face...!

[@mikem4481]

Ron Desantis is such a traitor