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In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe. Need help? Check out the Ultimate Review Packet for FREE: https://www.acdcecon.com/review-packet ...
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College Microeconomics Students, you need to know the FIXED, VARIABLE, TOTAL, & MARGINAL cost curves (both total and average versions) If you want to get some practice in, go take my FREE PRACTICE EXAM in my bio. It's packed with 25 of the most common types of problems I see professors put on exams If you're screwed for your final exam and need to learn this entire class in less than 48 hours... my MICROECONOMICS CRAM KIT can save your grade. It's got all the core concepts & practice problems th
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