Cost Function and Demand Function for Maximizing Profit

Short-Run Costs (Part 1)- Micro Topic 3.2

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe. Need help? Check out the Ultimate Review Packet for FREE: https://www.acdcecon.com/review-packet ...

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