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Economics

Student Videos

Marginal Profit

Level:
A Level
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

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).

Explaining marginal profit

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