Intro to marginal cost and minimizing cost using derivatives

Intro to marginal cost and minimizing cost using derivatives

Intro to marginal cost and minimizing cost using derivatives

4:25

About this lesson

Marginal Cost, and Maximizing Cost & Average Cost Overview:
Understanding and Minimizing Marginal Cost

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Video 1 of 10

Intro to marginal cost and minimizing cost using derivatives

4 min

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Average cost, marginal average cost, and minimizing average cost

5 min

Finding marginal cost and the quantity that minimizes cost

3 min

Finding Q that minimizes cost using the quadratic formula

16 min

Building a cost function from a word problem and minimizing cost

5 min

Building a cost function from fixed and variable costs, then minimizing

3 min

Finding marginal average cost and minimizing average cost

3 min

Minimizing average cost for C(Q) = 100 + Q squared

4 min

Finding Q that minimizes average cost for a cubic cost function

2 min

When any Q minimizes average cost: constant cost function case

4 min