Marginal Cost, Marginal Revenue, and Marginal Profit

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.

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Derivatives - Fast Review:
   • Calculus 1 - Derivatives  

Introduction to Related Rates:
   • Introduction to Related Rates  

Local Maximum & Minimum:
   • Finding Local Maximum and Minimum Values o...  

Mean Value Theorem:
   • Mean Value Theorem  

Concavity & Inflection Points:
   • Concavity, Inflection Points, and Second D...  

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L'Hopital's Rule:
   • L'hopital's rule  

Curve Sketching With Derivatives:
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Newton's Method:
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Optimization Problems:
   • Optimization Problems - Calculus  

Marginal Cost & Total Average Cost:
   • Marginal Cost and Average Total Cost  

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Marginal Revenue and Profit:
   • Marginal Cost, Marginal Revenue, and Margi...  

Tangent Line Approximations:
   • Finding The Linearization of a Function Us...  

Differentials & Local Linearization:
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Estimating Function Values:
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Antiderivatives:
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