Intro To Costs and Cost Tables: ATC, MC, AVC, Shut Down Rule (Full Lecture)
2,541 views · Published 13 April 2018 · 57:25 · Indexed 20 September 2026
Channel: BurkeyAcademy · 2018 · Education
A comprehensive introduction to cost analysis in economics: profit maximization, calculating costs, fixed costs, implicit vs. explicit costs, and the shut down rule. Handout for this video: https://drive.google.com/file/d/0B3-F8BTZSbH9cThUbzY5R0RCZk0/view?resourcekey=0-Y1UAAQFyCK5OFspd367DUg These videos are part of a complete set of full-length lectures on Introductory Microeconomics (Using McConnell, Brue, & Flynn). See the course with handouts at https://www.burkeyacademy.com/microeconomics/full-length-intro-micro Playlist of all videos: https://www.youtube.com/playlist?list=PLlnEW8MeJ4z6xn7bgIvfs8sxL56QeTH6r Support this project on Patreon! https://www.patreon.com/burkeyacademy Or, a one-time donation on PayPal is appreciated! http://paypal.me/BurkeyAcademy My Website: http://www.burkeyacademy.com/ Talk to me on my SubReddit: https://www.reddit.com/r/BurkeyAcademy/