MARGINAL UTILITY , MRTS ,MARGINAL REVENUE , MARGINAL PRODUCT MARGINAL COST , MPC , MPS
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YouTubeMath Econ Lab
MARGINAL UTILITY , MRTS ,MARGINAL REVENUE , MARGINAL PRODUCT MARGINAL COST , MPC , MPS
In this video we'll discuss about all the Marginal Concepts used in economics As you know in Microeconomics , marginal concepts relate to change in the total. For example, marginal utility is the change in total utility due to a change in the consumption. Marginal revenue is the change in total revenue due to a change in production. So marginal ...
90 views1 day ago
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specify and explain the typical shapes of marginal benefifit and marginal cost curves how are these curves used to determine the optimal allocation of resources to a particular product if cu 45702
specify and explain the typical shapes of marginal benefifit and marginal cost curves how are these curves used to determine the optimal allocation of resources to a particular product if cu 45702
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