Micro 3.1 The Production Function

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ReviewEcon

ReviewEcon

Күн бұрын

This video covers topic 3.1 of the AP Microeconomics Course Exam Description (CED). It includes the production function, marginal product vs total product, average prodcut, marginal cost of labor, and average variable cost of labor.
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Пікірлер: 11
@chesskid2469
@chesskid2469 2 ай бұрын
If I get a 5 on micro and macro it’s all because of you these are CARRYING 🙏🙏🙏
@ReviewEcon
@ReviewEcon 2 ай бұрын
Good luck! 🤘😎
@user-bb7ih9uc5x
@user-bb7ih9uc5x 9 ай бұрын
❤❤ we are in safe hand, good teacher I'm enjoying more than you can can expect
@ReviewEcon
@ReviewEcon 9 ай бұрын
Thank you! ❤️
@tigersorigamiandart2100
@tigersorigamiandart2100 8 ай бұрын
Thanks so much!! Really helpful
@ReviewEcon
@ReviewEcon 8 ай бұрын
You're very welcome!
@deywu6675
@deywu6675 2 ай бұрын
Hi, I just noticed that for your definition of the short run you said at least one input is variable. I googled the definition of the short run and it said the period where at least one input is fixed. Im a little lost here, which one is the right one?
@ReviewEcon
@ReviewEcon 2 ай бұрын
Oops! Looks like I misspoke there. You are correct. At least one is fixed in the short-run and all inputs are variable in the long run. I'll make an update soon.
@deywu6675
@deywu6675 2 ай бұрын
@@ReviewEcon Thank you!!
@sadsapxe2
@sadsapxe2 5 ай бұрын
You're the best ❤
@ReviewEcon
@ReviewEcon 5 ай бұрын
Aww! Thank you! 😄
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