Topic Videos
Marginal Profit
- Level:
- A-Level
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
This is a short video explaining the concept of marginal profit. Marginal profit is the increase in profit when one more unit is sold. Profits are maximised when marginal profit is zero, and total profits will be falling when marginal profit is negative i.e. (MC>MR).
You might also like
Profit Satisficing and Profitability Factors
30th January 2014
Business Revenues
Study Notes
Production Function in the Short Run
Study Notes
Profit
Study Notes
Profit Maximisation
Study Notes
Functions of Profit
Study Notes
Business Costs & Revenues Revision Quiz
Quizzes & Activities