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Deriving Marginalism
Source: Council for Economic Education (EconEdLink) | Type: Lesson

This lesson creates a connection between derivatives and marginalism. Students will be engaging in a set of scaffolding activities that explore the Marginal Cost Function, Marginal Revenue Function, and the implications that these functions have on production. A short video clip will provide an example of why the intersection of Marginal Cost and Marginal Revenue yields maximum profit.




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