Calculus and Vectors 3.4 Economics and Science Optimization Problems
Channel: Ms Havrot's Canadian University Math Prerequisites
Date: 2020-01-25

Continuing with the optimization word problems we look at some economics questions involving Average cost, Marginal cost, Marginal profit and Marginal Revenue.  Basically if you are looking for the MARGINAL anything you TAKE THE DERIVATIVE ... yes ... this is what Calculus is all about!  I do three questions from your textbook, # 1, 6 and 9 which cover the main types that you will encounter in this unit.  Make sure that you have tried these before watching me show you the way!  AND don't forget to subscribe.
Sorry it took me so long to get this to you.  My partner had a heart attack and I have been a bit stressed and very busy!  Love you guys!