This calculus video tutorial provides a basic introduction into marginal cost, marginal revenue, and marginal profit. It explains how to find the production level that will maximize the profit generated by a company. The revenue function or sales function is the product of the production level which represents the number of units sold and the demand function or price function. The demand function describes the average selling price of an item at a certain production level. The marginal profit represents the additional profit generated if the company sold one extra item.
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