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8.1 - Marginal Cost

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based on the textbook "Microeconomics for MBAs"

Channel: Education
Uploaded: March 1, 2007 at 7:53 pm
Author: richardmckenzie

Length: 08:22
Rating: 4.65
Views: 11418

Tags: economics  Irvine  McKenzie  microeconomics  UCI  

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Video Comments

digitalmeegs (October 6, 2008 at 5:58 am)
I think.. it is positive to reflect the fixed cost which exists even when output is 0. If someone could say, that would be good.
DeAngellic (September 20, 2008 at 12:15 pm)
Why will the MC be a positive value when output is 0? I was thinking, since MC is the change in the total cost resulting from the production of an additional unit of output, when output is 0, there won't be a change in price? I was hoping someone could explain that to me. =)
Mike1977a1 (June 29, 2008 at 3:39 pm)
If your a worker in a firm then its in the firms interest for Marginal Cost to be equal to MR. Irelevent if MR is Greater than MC if your a worker and not a CEO. Try to out compete your CEO if you can get MC to increase above MR and made the parsite CEO just a object in the production line.
hjastroi (June 2, 2008 at 6:51 pm)
cool videos richard, helps with my economics degree greatly. Jay, Exeter University in the UK
Slappy133 (May 31, 2008 at 6:35 am)
Thanks so much, Todd (UNI Sth Australia)
aaron602 (April 9, 2008 at 7:25 am)
My demand curve for this series of videos has moved to d2.
fedroger (March 21, 2008 at 4:23 am)
I love listenng to economist talk.
safc4000 (March 16, 2008 at 8:48 pm)
nice..MAKEDONIA UNIVERSITY GREECE
NickoTeeN35 (February 9, 2008 at 2:28 am)
thank you so much... Ataol GUVEN Pamukkale University Turkey
aznswti (January 13, 2008 at 2:02 am)
thanks for sharing UofT student, A.Poon

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