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Student Videos

Short run costs and revenues – finding profit maximisation

AS, A Level, IB, BTEC Level 3, BTEC Tech Award
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Here is a quick recap video using a numerical example of how to find the level of output in the short run for a business that maximises total profit. Profits are maximised when marginal revenue = marginal cost.

Short run costs and revenues – finding profit maximisation

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