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Micro 3.2 AP Economics Marginal Product and Marginal Cost: Econ Concepts in 60 Seconds Review

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Uploaded by on Oct 20, 2009

Mr. Clifford's 60 second explanation of the relationship between marginal product and marginal cost. The bonus round explains a numeric example that shows that MP and MC are mirror images of each other. Please keep in mind that these clips are not designed to teach you the key concepts. These videos are a review tool to help you better understand what you learned in class.

ACDC is Mr. Clifford's teaching philosophy:
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Discovery Learning
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  • so much better than my teacher

  • fire my teacher and teach me!

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  • waaahhhhaha i love you. this helps so much.

  • I'm gonna pass the quiz today!!!! Thank you!!!!

  • please be my teacher

  • Some people are just born to teach. Thanks man.

  • your videos are proof that online videos than be very educational!! Thank you!!

  • @elander86 yeah, untill each worker doesnt have enough wooden sticks too make 100 each, or enough phosphorus for each.

  • You're no Pajholden mate

  • @elander86 well at first you would get an increased rate in production but when you start to run out of space wouldn't you just start getting in the way?

  • Why does each extra worker contribute less? In a factory where they make matches for example, they just dip the little wooden sicks into phosphorous and that's it? 1 worker makes 100 day and 2 workers make 200 a day?

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