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Marginal cost and marginal revenue

Khan AcademyAshish Gupta

Marginal cost and marginal revenue

In this video, we look at an application of derivatives in the world of Economics. We're given the equations for total cost and total revenue. We use differentiation to find the equations for marginal cost and marginal revenue. We then use these equations to find MC and MR at two points x = 2 and x = 3. Finally, we find a point where both these ...

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