Topic Videos
Short run costs and revenues – finding profit maximisation
- Level:
- AS, A-Level, BTEC National, BTEC Tech Award, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 27 Sept 2019
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.
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