Marginal Revenue and Marginal Cost
Watch this video to learn how the marginal revenue curve and the marginal cost curve are determined and depicted in a graph. Note that the market production will be in equilibrium when the marginal revenue is equal to the marginal cost.
Source: Khan Academy This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License.
Last modified: Wednesday, February 24, 2021, 5:08 PM