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Economics in Many Lessons
Production and Cost
37,026 views
35 items
Last updated on Oct 7, 2022
public playlist
Economics in Many Lessons
11:00
Short-Run Production: Marginal Product and Average Product
Economics in Many Lessons
10:50
Production: Perfect Substitutes
Economics in Many Lessons
7:41
Production: Perfect Complements/Fixed Proportions
Economics in Many Lessons
6:36
Economics: Short-run Costs of Production
Economics in Many Lessons
7:23
Short-Run Costs of Production: Numerical Examples
Economics in Many Lessons
10:45
Deriving Long-Run Total Cost and Average Cost Equations
Economics in Many Lessons
10:54
Elasticity of Substitution: CES Production Function
Economics in Many Lessons
9:06
Elasticity of Substitution in Production: Cobb-Douglas
Economics in Many Lessons
8:06
Deriving Short-run Cost Functions from a Cobb-Douglas Production Function
Economics in Many Lessons
11:10
production theory: cost-minimizing input choice (optimal input mix)
Economics in Many Lessons
2:41
Deriving the Long-Run Expansion Path
Economics in Many Lessons
4:53
Total Product (Cubic Form): Solving for Marginal Product and Maximum Output
Economics in Many Lessons
2:37
Total Product: Finding Where Diminishing Returns to Labor Set In
Economics in Many Lessons
4:30
Derive an Equation for an Isoquant
Economics in Many Lessons
5:05
How to Derive Long-Run Average Cost from Production Function
Economics in Many Lessons
3:04
How to Determine Returns to Scale: Table-Type Problem
Economics in Many Lessons
2:24
Proof: Average Product is Maximized When AP = MP
Economics in Many Lessons
2:02
Perfect Substitutes Production Function: Homogeneous to Degree 1
Economics in Many Lessons
3:06
Deriving Long-Run Costs From Perfect Complements Production Function
Economics in Many Lessons
5:14
Finding where Average Cost Equals Marginal Cost
Economics in Many Lessons
4:36
Solving for the Marginal Cost of Producing a Given Level of Output
Economics in Many Lessons
7:27
Fixed Proportions Production: How to Graph Isoquants
Economics in Many Lessons
6:59
Perfect Substitute Production: How to Graph an Isoquant
Economics in Many Lessons
3:30
Intrepeting Lambda from Lagrangian Cost Minimization
Economics in Many Lessons
5:09
How to Derive Short-Run Cost Functions
Economics in Many Lessons
3:52
How to Solve for the Long Run Expansion Path
Economics in Many Lessons
5:20
How to Derive Short-Run and Long-Run Average Cost
Economics in Many Lessons
8:58
Similarities Between Consumer and Production Theory
Economics in Many Lessons
2:42
Wage Change: Effect on Marginal Cost and Average Variable Cost
Economics in Many Lessons
3:38
Minimizing Production Cost Problem: q = min(x + 4y, w + 2z)
Economics in Many Lessons
6:09
How to Derive Short-Run Costs From Production Function with Two Variable Inputs
Economics in Many Lessons
4:21
How to Derive a Cobb-Douglas Cost Function
Economics in Many Lessons
5:15
How to Solve for Cost-Minimizing Capital-Labor Ratio
Economics in Many Lessons
2:49
How to Derive a Cost Function From a Perfect Complements Production Function