Marginal Cost in Stackers

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Uploaded by on Jun 16, 2008

CAPTIONS newly added: TIMING being fixed!!
Uses a story of picking apples to illustrate marginal cost, compare it to average cost, and see its relationship to total cost.

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Education

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Standard YouTube License

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Uploader Comments (EconAlannah)

  • hey do u know why the average cost all will and mc will increase and then when marginal cost is over average total cost ,average total cost rises again?

  • If MC > ATC it pulls ATC up

  • If MC < ATC it pulls ATC down

  • If MC = ATC, ATC stays the same

  • Think of MC as your semester GPA and ATC as your cumulative GPA.

  • If semester GPA > cumulative GPA it pulls the cumulative GPA up . . . get it?

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  • @EconAlannah

    O.O genius

  • thanks

  • I have been trying to reply - You Tube is being buggy.

  • Very useful.

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