Intro to demand functions and finding the demand equation
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10:07
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Video 1 of 14
Intro to demand functions and finding the demand equation
10 min
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Understanding the revenue function using price and quantity
3 min
Understanding cost functions and fixed costs of production
3 min
Defining profit as revenue minus cost with a worked example
3 min
Deriving the demand function for a laptop pricing problem
6 min
Deriving the revenue function from the demand function
2 min
Building the cost function from fixed and variable costs
2 min
Computing the profit function and net profit for 100 units sold
9 min
Finding the demand function for phone sales with price-quantity relationship
5 min
Deriving the revenue function from the demand equation
1 min
Building the cost function from fixed and variable costs
2 min
Finding Q values that make the profit function negative
10 min
Finding quantity values where profit equals zero
10 min
Finding break-even quantity with an unusual demand function
5 min