This video tells us the method of interpreting derivatives of marginal cost and revenue. If C(x) is the cost of producing x units of a product, C(400) would be the cost to produce 400 units. Now marginal cost is the cost of producing one unit which is equal to the derivative of the cost function or C'(400) which is equal to limit of h tends to zero or lim h>0 [lim(400+h)lim(400)]/h which is approximately equal to [lim(401)lim(400)]/1. Similarly, if R(x) is your revenue function, marginal revenue R'(400) = lim h>0[R(400+h)R(400)]/h which is approximately equal to [lim(401)lim(400)]/1. This finishes the video.
 Hot
 Latest

How To: Find the Percent Given Two Numbers

How To: Remember "greater than" & "less than" symbols

How To: Find a number given Its percent

How To: Apply the fundamental rule of proportions

How To: Calculate Faster Than a Calculator

How To: Find the area of a parallelogram using geometry

How To: Find the slope of a line given 2 points with fractions

How To: Find the area of irregular shapes

Use the quadratic equation: finding the mirror point

How To: Find the equations of parallel and perpendicular lines

How To: Use ">" (greater than) and "<" (less than) symbols

How To: Do long division without a calculator

How To: Write a slopeintercept equation given an XY table

How To: Convert between diameter and radius

How To: Multiply & Divide Numbers (Basic Elementary Math)

How To: Translate a shape

How To: Find the volume of a cylinder with given radius

How To: Calculate sales tax in algebra

How To: Draw a rhombus from Geometry

How To: Solve for the missing ratios or proportions

How To: Find the Percent Given Two Numbers

How To: Remember "greater than" & "less than" symbols

How To: Find a number given Its percent

How To: Apply the fundamental rule of proportions

How To: Calculate Faster Than a Calculator

How To: Find the area of a parallelogram using geometry

How To: Find the slope of a line given 2 points with fractions

How To: Find the area of irregular shapes

Use the quadratic equation: finding the mirror point

How To: Find the equations of parallel and perpendicular lines

How To: Use ">" (greater than) and "<" (less than) symbols

How To: Do long division without a calculator

How To: Write a slopeintercept equation given an XY table

How To: Convert between diameter and radius

How To: Multiply & Divide Numbers (Basic Elementary Math)

How To: Translate a shape

How To: Find the volume of a cylinder with given radius

How To: Calculate sales tax in algebra

How To: Draw a rhombus from Geometry

How To: Solve for the missing ratios or proportions
Be the First to Comment
Share Your Thoughts