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This calculus video tutorial provides a basic introduction into marginal cost and average cost. The marginal cost function is the first derivative of the total cost function. The average total cost is the total cost divided by the production level which represents the number of units. The marginal cost tells you the additional cost added to the total cost function for producing one additional unit. This video contains 1 example problem with multiple parts. Derivative Applications - Formula Sheet: https://www.video-tutor.net/calculus-formula-sheets.html Final Exam and Test Prep Videos: https://bit.ly/41WNmI9 ______________________________ Derivatives - Fast Review: https://www.youtube.com/watch?v=5yfh5cf4-0w Introduction to Related Rates: https://www.youtube.com/watch?v=I9mVUo-bhM8 Local Maximum & Minimum: https://www.youtube.com/watch?v=WCq3sRzsJfs Mean Value Theorem: https://www.youtube.com/watch?v=SL2RobwU_M4 Concavity & Inflection Points: https://www.youtube.com/watch?v=OhqNbQi9QPk ________________________________ L'Hopital's Rule: https://www.youtube.com/watch?v=Gh48aOvWcxw Curve Sketching With Derivatives: https://www.youtube.com/watch?v=JTVNUdL7sWs Newton's Method: https://www.youtube.com/watch?v=-5e2cULI3H8 Optimization Problems: https://www.youtube.com/watch?v=lx8RcYcYVuU Marginal Cost & Total Average Cost: https://www.youtube.com/watch?v=uPp1QZZKc8E __________________________________ Marginal Revenue and Profit: https://www.youtube.com/watch?v=VWShego7Ds8 Tangent Line Approximations: https://www.youtube.com/watch?v=XQaCbFMnDo0 Differentials & Local Linearization: https://www.youtube.com/watch?v=C5RI5eLzVfo Estimating Function Values: https://www.youtube.com/watch?v=NL0NFV-O8Vg Antiderivatives: https://www.youtube.com/watch?v=xaCPDMEkbig __________________________________ Final Exams and Video Playlists: https://www.video-tutor.net/ Full-Length Videos and Worksheets: https://www.patreon.com/MathScienceTutor/collections
