Live revision! Join us for our free exam revision livestreams Watch now

Topic Videos

Short Run Marginal & Average Cost Explained

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

Last updated 25 Sept 2019

In this video we look at the important mathematical relationship between marginal cost and average cost for a business in the short run production time frame.

Short Run Marginal & Average Cost Explained

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.