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Marginal Cost vs Marginal Revenue - Example 2: Maximizing Revenue

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First published at 17:43 UTC on November 29th, 2022.

#economics
#mathematics
#science

Math Easy Solutions

MES

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In this video I go through a useful word problem and show how you can derive the demand and revenue functions for a simple consumer sales example. I also illustrate how you can increase revenue by offering rebates, or basically refunding a percentag…

Download the notes in my video: https://1drv.ms/b/s!As32ynv0LoaIiaN5o0cE_pYdrNu_MA?e=Ae6r98

View video notes on the Hive blockchain: https://peakd.com/hive-128780/@mes/marginal-cost-vs-marginal-revenue-maximizing-revenue

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Marginal Cost vs Average Cost - Economics 101: http://youtu.be/HiMaLvsTstc
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Derivative of y = x^n - Part 2: General Power Rule: http://youtu.be/Ibvu33oh49o .

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