Marginal Product and Marginal Cost

This Marginal Product and Marginal Cost video also includes:

Help your learners get a better handle on marginal cost and product curves, and review the process of completing charts and graphs associated with this concept.

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CCSS: Adaptable
Concepts

Classroom Considerations

  • Learners should be familiar with concept of diminishing marginal returns
  • Video should be used as a review rather than a stand-alone lesson
Pros

  • Illustrates concept by drawing graphs and providing appropriate instructional guidance throughout presentation
Cons

  • Instructor moves quickly through material