Revenue, Costs and Profit Part 1

[redtornado200]

Well done Good to see this information is out there outside of schools. It does not seem to be taught anymore based on how many do not understand this basic information

[flany1960]

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[famousto0]

So if the marginal revenue equals $1.00, does that mean that they're better off selling 9 apples at $2.00?

[bighugejake]

@famousto0 No. It's better to sell 10 at $1.90 because (assuming there are no costs to selling the extra apple) at this P x Q profit is higher.

[sunshinekiara]

models have NO curves

[TheC0dee]

Those are some expensive apples and oranges haha

[BizzHome]

Do you have videos on regression analysis?

[CircusCat]

More cowbell!